Cinemark Q3 revenue up 50% YoY to $650M, net loss narrows to $24.5M

Cinemark Holdings, Inc.

2022-Q3 EPS reported -$1.43 revenue$1,855,000,000

Revenue $650.4M vs $434.8M YoY; admissions $324.6M, concessions $253.6M.
Net loss $(24.5)M compared to $(77.8)M YoY; diluted EPS $(0.20) vs $(0.65).
Adjusted EBITDA $99.5M, more than double from $44.3M a year ago.
Attendance 48.4 million patrons; average ticket price $6.71, concession per patron $5.24.
Box office recovery outpaced industry by over 400 bps vs Q3 2019.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Cinemark Holdings, Inc. reported the quarter ended September 30, 2022 results: revenue $650.4 million, net income $(24.5) million, EPS $(0.20).

Period: the quarter ended September 30, 2022
Revenue: $650.4 million
Net income: $(24.5) million
EPS: $(0.20)
Result: reported results

Exact text from the filing

Cinemark Holdings, Inc.’s total revenues for the three months ended September 30, 2022 increased 50% to $650.4 million compared with $434.8 million for the three months ended September 30, 2021. For the three months ended September 30, 2022, admissions revenue was $324.6 million and concession revenue was $253.6 million, driven by attendance of 48.4 million patrons. Average ticket price was $6.71 and concession revenue per patron was $5.24. Net loss attributable to Cinemark Holdings, Inc. for the three months ended September 30, 2022 was $(24.5) million compared with a loss of $(77.8) million for the three months ended September 30, 2021. Diluted loss per share for the three months ended September 30, 2022 was $(0.20) compared with diluted loss per share of $(0.65) for the three months ended September 30, 2021.

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Source: SEC EDGAR

accession 0000950170-22-022047

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