Carmike Cinemas (CKEC) Misses Q1 EPS by 1c

Carmike Cinemas’ 2016 First Quarter Operating Revenue Rises 11.9% to $206.2 Million

May 2, 2016 5:00 PM EDT

COLUMBUS, Ga.--(BUSINESS WIRE)-- Carmike Cinemas, Inc. (NASDAQ: CKEC) (Carmike), a leading entertainment, digital cinema, alternative content and 3-D motion picture exhibitor, today reported results for the three-month period ended March 31, 2016, as summarized below.

      SUMMARY FINANCIAL DATA

(unaudited)

  Three Months Ended

March 31

(in millions) 2016   2015 Total operating revenues $ 206.2   $ 184.3 Operating income 15.6 12.0 Interest expense 12.4 12.7 Theatre level cash flow (1)... More