Carmike Cinemas (CKEC) Misses Q2 EPS by 4c

Carmike Cinemas Reports 2016 Second Quarter Operating Revenue of $204.7 Million

August 1, 2016 4:05 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 and six-month periods ended June 30, 2016, as summarized below.

 

SUMMARY FINANCIAL DATA

(unaudited)

   

Three Months EndedJune 30

 

Six Months EndedJune 30

(in millions) 2016     2015   2016     2015   Total operating revenues $ 204.7   $ 219.1 $ 410.9     $ 403.4 Operating income 8.8 26.9 24.4 38.9 Interest expense 12.4 12.6 24.8 25.3 Theatre level cash flow (1) 37.9... More