secwatch.observer — SEC 8-K summary
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Issuer:     Cinemark Holdings, Inc. (CNK)
CIK:        0001385280
Form:       8-K
Filed at:   2024-02-16T23:59:59+00:00
Accession:  0000950170-24-016142
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark FY2023 revenue $3.1B, net income $191M, Adj. EBITDA $594M; Q4 net loss $18M
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- FY2023 total revenue $3.1B, up 25% YoY; net income $191M ($1.34 diluted EPS) vs. prior-year loss.
- Q4 2023 revenue $638.9M (+6.5% YoY); net loss $(18.0)M, diluted EPS $(0.15) vs. $(0.82) a year ago.
- Record concession per cap $5.68 for FY2023; concession revenue exceeded FY2019 by 3% despite 25% less attendance.
- Adj. EBITDA $594M (19.4% margin) for FY2023, up 77% YoY; free cash flow $295M; cash balance $849M at year-end.
- Domestic and international market share gains vs. 2019; reduced pandemic debt by over $100M in 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024016142/0000950170-24-016142-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024016142/cnk-20240216.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-016142

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer