secwatch.observer — SEC 8-K summary
======================================

Issuer:     Cinemark Holdings, Inc. (CNK)
CIK:        0001385280
Form:       8-K
Filed at:   2024-05-02T23:59:59+00:00
Accession:  0000950170-24-051552
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark Q1 revenue $579M, net income $25M; redeems $150M 8.75% notes
---------------------------------------------------------------------

- Total revenue $579.2M (-5.2% YoY); attendance 39.7M patrons (-7.5%).
- Net income $24.8M vs loss of $3.1M a year ago; diluted EPS $0.19 vs $(0.03).
- Concession revenue $224.2M, average per patron $5.65; ticket price $7.30.
- Adjusted EBITDA $70.7M (12.2% margin) vs $86.2M in Q1 2023.
- Redeemed remaining $150M of 8.75% senior secured notes on May 1, 2024; cash $789M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024051552/0000950170-24-051552-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024051552/cnk-20240502.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-051552

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