Cinemark Announces Record Q4 Revenue and 560K Movie Club Members

Last week, Cinemark Holdings, Inc. (NYSE: CNK) reported its fourth quarter and full year 2018 results, including all-time high Q4 revenues of $798.5 million, a 6.5 percent increase year-over-year. Admissions revenue was $445.1 million, 0.4 percent increase; concession revenue was $277.5 million, a 6.3 percent increase; and other revenue was $75.9 million, a 67.6 percent increase. Equally impressive are Cinemark’s Movie Club statistics which CEO Mark Zoradi discussed on the company’s February 22 earnings call.

Cinemark Announces Record Q4 Revenue and 560K Movie Club Members Read More »