Cinemark Holdings (CNK) Tops Q4 EPS by 3c

Cinemark Holdings, Inc. Reports Record Revenues of $707.2 Million and Adjusted EBITDA of $168.4 Million for Q4 2015

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 and year ended December 31, 2015.

Cinemark Holdings, Inc.s revenues for the three months ended December 31, 2015 increased 7.2% to $707.2 million compared to $659.9 million for the three months ended December 31, 2014. For the three months ended December 31, 2015, admissions revenues increased 6.2% to $429.7 million and concession revenues increased 8.4% to $232.8 million. Average ticket price was $6.42 and concession revenues per patron was $3.48 for the three months ended December 31, 2015.

Adjusted EBITDA for the three months ended December 31, 2015... More

Cinemark Announces 8% Dividend Increase

PLANO, Texas--(BUSINESS WIRE)-- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, announced today that its Board of Directors has increased its cash dividend by 8% to $1.08 per share of common stock on an annualized basis, effective immediately. The fourth quarter dividend of $.27 will be paid on March 18, 2016 to stockholders of record on March 7, 2016.

The record results of 2015 coupled with our confidence in our long-term growth strategy were key considerations in the capital allocation... More