AMC Entertainment Holdings, Inc. (NYSE:AMC) Q3 2022 Earnings Conference Call November 8, 2022 5:00 PM ET
Company Participants
John Merriwether - Vice President, Capital Markets and Investor Relations
Adam Aron - Chairman and CEO
Sean Goodman - Chief Financial Officer
Conference Call Participants
Jim Goss - Barrington Research
Operator
Greetings and thank you for standing by. Welcome to the AMC Entertainment Third Quarter 2022 Earnings Conference Call. During the presentation all participants will be in a listen-only mode and afterwards we will conduct a question-and-answer session. [Operator Instructions]
Today’s call is being recorded Tuesday, November 8, 2022. And now, I’d like to turn the conference over to John Merriwether. Please go ahead.
John Merriwether
Thank you, Scott. Good afternoon, everyone. I’d like to welcome everyone to AMC’s third quarter 2022 earnings webcast. With me this afternoon is Adam Aron, our Chairman and CEO; and Sean Goodman, our Chief Financial Officer.
So before I turn the call and the webcast over to Adam, let me remind everyone that some of the comments made by management during this webcast may contain forward-looking statements that are based on management’s current expectations.
Numerous risks, uncertainties and other factors may cause actual results to differ materially from those that might be expressed today. Many of these risks and uncertainties are discussed in our most recent public filings, including our most recently filed 10-K and 10-Q.
Several of the factors that will determine the company’s future results are beyond the ability of the company to control or predict. In light of the uncertainties inherent in any forward-looking statements, listeners are cautioned to not place undue reliance on these statements. The company undertakes no obligation to revise or update any forward-looking statements, whether as a result of new information or future events.
On this webcast, we may reference non-GAAP financial measures, such as adjusted EBITDA, constant currency, operating cash burn, among others. For a full reconciliation of our non-GAAP measures to GAAP results, please see our earnings release posted in the Investor Relations section of our website earlier today.
After our prepared remarks, there will be a question-and-answer session. This afternoon’s webcast is being recorded and a replay will be available in the Investor Relations section of our website at amctheatres.com later today.
With that, I will turn the call over to Adam.
Adam Aron
Thank you, John. Good afternoon, everyone, and thank you for joining us today. Even with the third quarter financially being flattish, we join you on this call today brimming with confidence that the recovery of AMC Entertainment is well underway. AMC welcomed more than 53 million guests to our theaters around the world in Q3 of 2022, a 33% increase compared to the third quarter of 2021.