Cinemark Holdings (CNK) Misses Q3 EPS by 23c, Revenues Beat

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Go back to Cinemark Holdings (CNK) Misses Q3 EPS by 23c, Revenues Beat

Cinemark Holdings, Inc. Reports Record Global Revenues of $821.8 Million for the Third Quarter Of 2019

November 5, 2019 6:30 AM EST

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 nine months ended September 30, 2019.

Cinemark Holdings, Inc.s total revenues for the three months ended September 30, 2019 increased 9.0% to a record $821.8 million from $754.2 million for the three months ended September 30, 2018. For the three months ended September 30, 2019, admissions revenues increased 6.3% to $454.5 million and concession revenues increased 9.6% to $289.5 million. For the three months ended September 30, 2019, attendance increased 5.0% to 73.3 million patrons, average ticket price increased 1.1% to $6.20 and concession revenues per patron increased... More