Cinemark Logs Best Q1 Since 2020 With 19% Revenue Gain and Smaller Loss

Overview

• Cinemark, which reported results Friday, posted $643.1 million in revenue and a $6.4 million net loss as a stronger U.S. box office lifted quarterly performance.
• U.S. attendance rose to about 24 million guests, pushing admissions to $311.4 million and concessions to $255.2 million.
• Adjusted EBITDA jumped 143% to $88 million, helped by record food-and-drink sales and a 7.5% increase in concession spending per person.
• Management said studios moving back toward roughly 45‑day theatrical windows are helping turnout, and talks with Netflix and Paramount at CinemaCon were described as productive though still early.
• Cinemark highlighted growing contributions from premium large‑format screens and alternative event content and said it will keep investing in premium auditoriums, selective acquisitions, and new tech and data tools to drive growth.