Overview
- Revenue declined 7% year over year to roughly $857.5–$858 million, beating analyst forecasts despite a weaker quarter for U.S. theaters.
- Net income came in at about $50–$51 million, or $0.40 per share, and adjusted EBITDA totaled $177.6 million.
- Attendance was roughly 54 million as concessions generated about $337 million, or $8.20 per patron, with record revenue from D‑Box seating and strong non‑traditional programming.
- Cinemark eliminated its remaining pandemic-era debt by settling $460 million of convertible notes and fully resolving associated warrants.
- The board raised the annual dividend by 12.5% and authorized a $300 million share repurchase program, and shares rose about 3% in pre‑market trading.