secwatch.observer — SEC 8-K summary
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Issuer:     Cinemark Holdings, Inc. (CNK)
CIK:        0001385280
Form:       8-K
Filed at:   2024-08-02T23:59:59+00:00
Accession:  0000950170-24-089582
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark Q2 revenue down 22% to $734M; EPS $0.32 vs $0.80; net income $45.8M
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- Revenue $734M (-22.1% YoY); net income $45.8M (-61.6%); diluted EPS $0.32 vs $0.80.
- Adjusted EBITDA $142.1M ($231.5M prior year); 19.4% margin.
- Attendance 50M patrons (-22.4%); ATP $7.32, concession per patron $5.86.
- Redeemed $150M 8.75% notes; repriced term loan saving $3.2M annually; issued $500M 7.00% notes due 2032.
- Domestic box office outperformed industry by 400 bps vs Q2 2024 and 960 bps vs Q2 2019.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024089582/0000950170-24-089582-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024089582/cnk-20240802.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-089582

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