Cinemark Holdings (CNK) Misses Q2 EPS by 1c

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Cinemark Holdings, Inc. Reports a 0.9% Increase in Revenues to $751.2 Million for the Second Quarter of 2017

August 4, 2017 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 and six months ended June 30, 2017.

Cinemark Holdings, Inc.s total revenues for the three months ended June 30, 2017 increased 0.9% to $751.2 million from $744.4 million for the three months ended June 30, 2016. For the three months ended June 30, 2017, admissions revenues were $449.9 million and concession revenues were $262.3 million. Concession revenues per patron increased 8.9% to $3.78 and average ticket price increased 3.7% to $6.48 for the three months ended June 30, 2017.

Net income attributable to Cinemark Holdings,... More