Cinemark Earnings Reports

Cinemark delivered a record-high Q4 2024 revenue of $814.3 million, reflecting a 27.5% YoY growth. The company reported a net income of $51.3 million, a significant improvement from the prior year's loss. Strong box office performance and strategic operational execution contributed to the earnings growth.

Cinemark Holdings, Inc. reported record-high third quarter revenue of $922 million, a 5% increase year-over-year. Net income was $189 million, and Adjusted EBITDA reached a record $221 million with a 23.9% margin.

Cinemark reported a total revenue of $734 million and a net income of $47 million for Q2 2024. The company's adjusted EBITDA stood at $142 million, reflecting a 19.4% margin. Cinemark also focused on strengthening its balance sheet through various financial actions.

Cinemark Holdings, Inc. reported a total revenue of $579 million and a net income of $25 million for the first quarter of 2024. The company's performance demonstrated skillful navigation of a dynamic operating environment impacted by strike-induced headwinds. They also strengthened their balance sheet by redeeming the remaining $150 million of COVID-related senior secured notes.

Cinemark Holdings, Inc. reported a 6.5% increase in total revenue for the fourth quarter of 2023, reaching $638.9 million. Admissions revenue increased by 5.8% to $322.4 million, and concession revenue increased by 7.7% to $243.0 million. The company entertained 40.6 million patrons during the quarter. However, Cinemark reported a net loss of $(18.0) million, or $(0.15) per share.