Amc entertainment holdings says covid-19 pandemic has had and will continue to have a significant and adverse impact on its business

Amc entertainment holdings - "covid-19 pandemic has had and will continue to have a significant and adverse impact on our business".amc entertainment holdings - all of our theatres worldwide have temporarily suspended operations through late june.amc entertainment - withdrawing previously published guidance related to capital expenditures,net leverage, revenue growth, & adjusted ebitda margin.amc entertainment holdings inc - as of march 31, 2020, company had a cash balance of $299.8 million.amc entertainment holdings - believe current cash balance is sufficient to withstand global suspension of operations until partial reopening in july.amc entertainment - implemented for co's employees, including senior executives, with individual work load & salary reductions ranging from 20%-100%.amc - after proposed offering, believe co to have sufficient liquidity to withstand global suspension of operations until partial reopening ahead of thanksgiving.amc entertainment holdings inc - does not expect to continue dividend payments.amc entertainment holdings inc - do not expect to make purchases under our recently authorized stock repurchase program for duration of 2020.amc entertainment - anticipate recent adverse changes in macroeconomic trends to likely lead to non-cash impairments of goodwill, assets, as of march 31.
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