Cinemark Reports Strong Q1 Performance with Revenue and EBITDA Growth
Cinemark (NYSE:CNK) reported its strongest first-quarter performance since the pandemic, posting a 19% year-over-year revenue increase to $643 million and adjusted EBITDA growth of 143% to $88 million. The company attributed this success to box office gains, record concessions sales, and improved operating leverage.
Topics: box_office ebitda_expansion revenue_growth theatrical_window_reset