Cinemark Holdings (CNK) Misses Q4 EPS by 57c

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Cinemark Holdings, Inc. Reports Fourth Quarter and Full Year 2022 Results

February 24, 2023 6:30 AM EST

Total revenue of $2.5B increased 63% versus 2021, resulting in $136M of positive cash flow from operations and $25M of free cash flow for the full year

Full year box office results outpaced industry recovery by approximately 500 basis points versus 2019

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 twelve months ended December 31, 2022.

Cinemark Holdings, Inc.s total revenue for the three months ended December 31, 2022 decreased 10% to $599.7 million compared... More