Cinemark Holdings (CNK) Tops Q1 EPS by 1c

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Go back to Cinemark Holdings (CNK) Tops Q1 EPS by 1c

Cinemark Holdings, Inc. Reports a 14.4% Increase in Adjusted EBITDA for Q1 2015 to $147.1 Million

May 7, 2015 6:30 AM EDT

PLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three months ended March 31, 2015.

Cinemark Holdings, Inc.s revenues for the three months ended March 31, 2015 increased 7.2% to $645.4 million from $602.3 million for the three months ended March 31, 2014. Admissions revenues increased 5.2% to $400.7 million and concession revenues increased 11.1% to $214.4 million. The average ticket price for the three months ended March 31, 2015 was $6.12, concession revenues per patron increased 4.1% to $3.27 and attendance increased 6.5%.

Adjusted EBITDA for the three months ended March 31, 2015 was $147.1 million... More