Cinemark Q1 revenue surges 303% to $460.5M; net loss narrows to $74.0M

Cinemark Holdings, Inc.

2022-Q1 EPS reported -$0.62 revenue$460,500,000

Revenues of $460.5M vs $114.4M in Q1 2021, driven by attendance of 33.1M patrons.
Admissions revenue $235.8M; average ticket price $7.12; concession revenue $5.23 per patron.
Net loss attributable to Cinemark of $(74.0)M, improved from $(208.3)M; diluted EPS $(0.62) vs $(1.75).
Adjusted EBITDA of $25.2M, compared to $(92.0)M in prior-year quarter.
Company says it outpaced industry recovery by 650 bps domestically and 500 bps internationally.

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