Cinemark Records 35% Revenue Surge to $875 Million in Q3, Propelled by Blockbuster Hits 'Barbie' and 'Oppenheimer'

Record revenue eclipses estimates with impressive profits, as box office successes draw 62 million viewers globally and drive 37% rise in admissions revenue.

• Cinemark's Q3 revenue increased by 35% year over year to an outstanding $874.8 million, driven largely by the success of blockbusters 'Barbie' and 'Oppenheimer'.
• Admissions accounted for $443.8 million of the quarter's revenue, reflecting a 37% increase compared to Q3 2022 and a 7% rise in average ticket price to $7.17.
• The third quarter drew 62 million global moviegoers, with 37.5 million in U.S. theaters and the remaining patrons attending screenings in 13 countries in South and Central America.
• Concession revenue rose by 34% to $339.6 million, with a 5% increase in concession revenue per patron to $7.15 in the U.S. and $2.94 internationally.
• Helped by the success of 'Barbie', 'Oppenheimer', and the unexpected indie hit 'Sound of Freedom', the box office in the U.S. and Canada saw its Q3 totals rise to $2.64 billion, up 37% from the previous year.

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