Cinemark Holdings (CNK) Tops Q3 EPS by 7c
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Cinemark Holdings, Inc. Reports Growth in Worldwide Attendance, Revenues, Net Income, EPS and Adjusted EBITDA for the Third Quarter of 2018
November 2, 2018 6:30 AM EDTPLANO, 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 nine months ended September30, 2018.
Cinemark Holdings, Inc.s total revenues for the three months ended September30, 2018 increased 6.1% to $754.2million compared to $710.8million for the three months ended September30, 2017. For the three months ended September30, 2018, admissions revenues increased 0.6% to $427.6million and concession revenues increased 6.9% to $264.1million. For the three months ended September30, 2018, attendance increased 3.7% to 69.8 million patrons, average ticket price was $6.13 and concession revenues per patron increased 3.0% to $3.78.
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