secwatch.observer — SEC 8-K summary
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Issuer:     Cinemark Holdings, Inc. (CNK)
CIK:        0001385280
Form:       8-K
Filed at:   2024-10-31T23:59:59+00:00
Accession:  0000950170-24-119232
Event type: earnings
Sentiment:  positive
Materiality: 0.80
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Cinemark Q3 revenue $922M (+5% YoY); EPS $1.19; Adj EBITDA record $221M
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- Revenue $921.8M (+5.4% YoY); admissions revenue $460.4M (+3.7%), concession revenue $367.3M (+8.1%).
- Net income $187.8M; diluted EPS $1.19 vs $0.61 prior year; included $42.7M tax benefit from valuation allowance release.
- Adjusted EBITDA $220.5M, a Q3 record, with 23.9% margin (+140 bps YoY); generated $107M cash from operations, $64M free cash flow.
- Worldwide attendance 60M patrons; US box office outperformed industry by over 600 bps YoY; food & bev per cap record $7.97 US, $6.08 worldwide.
- Refinanced $500M 7.00% unsecured notes due 2032 and repaid $6M COVID debt in Latin America; cash balance $928M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024119232/0000950170-24-119232-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1385280/000095017024119232/cnk-20241031.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-119232

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