Cinemark Holdings (CNK) Misses Q1 EPS by 29c, Revenue Beats

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Cinemark Holdings, Inc. Reports Results for the First Quarter of 2021

May 7, 2021 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 months ended March 31, 2021. The Companys financial results continue to be impacted by the COVID-19 pandemic, as the Company continues to reopen its theatres based on local mandates. As of March 31, 2021, the Company had 301 domestic and 78 international theatres open, showing a limited volume of new releases along with library content during reduced operating hours.

Cinemark Holdings, Inc.s total revenues for the three months ended March 31, 2021 were $114.4 million... More