{"id":666560,"date":"2025-05-02T14:52:56","date_gmt":"2025-05-02T11:52:56","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cinemark-swings-to-first-quarter-loss-amid-suppressed-box-office-environment\/"},"modified":"2025-05-02T14:52:56","modified_gmt":"2025-05-02T11:52:56","slug":"cinemark-swings-to-first-quarter-loss-amid-suppressed-box-office-environment","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cinemark-swings-to-first-quarter-loss-amid-suppressed-box-office-environment\/","title":{"rendered":"Cinemark Swings to First-Quarter Loss Amid \u201cSuppressed Box Office Environment\u201d"},"content":{"rendered":"
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\n\tExhibition giant\u00a0Cinemark\u00a0reported revenue of $541 million, down 7 percent year-over-year from $579 million, for the first quarter of 2025 and swung to a quarterly loss of $39 million, compared to a year-earlier profit of $25 million.<\/p>\n

\n\tBut the company touted: \u201cNorth American industry box office momentum accelerated in April, nearly doubling year-over-year, leading into a blockbuster summer film slate.\u201d<\/p>\n

\n\tQuarterly admissions revenue decreased 8.9 percent to $264.1 million, while concession revenue dropped 6.2 percent to $210.4 million, as Cinemark posted a 7.8 percent decrease in attendance to 36.6 million patrons. Worldwide average ticket price came in at $7.22, and concession revenue per patron amounted to $5.75.<\/p>\n

\n\tThe company also posted quarterly adjusted\u00a0earnings\u00a0before interest, taxes, depreciation and amortization (EBITDA), another profitability metric, of $36.4 million, down from\u00a0$70.7 million\u00a0in the year-ago period.\u00a0<\/p>\n

\n\t\u201cCinemark once again delivered outsized box office results in the first quarter, surpassing industry benchmarks both domestically and internationally, despite a suppressed box office environment that was impacted by lingering effects of the 2023 Hollywood strikes,\u201d said president and CEO Sean Gamble. \u201cWe continue to expect a favorable rebound in our industry\u2019s recovery trajectory this year, and the second quarter is already pacing well ahead of 2024\u2019s box office results, showcasing the strong, sustained enthusiasm consumers have for experiencing a diverse range of compelling, well-marketed films in theaters.\u201d<\/p>\n

\n\tHe added: \u201cAs we look ahead, we remain highly encouraged about the future direction of our industry and company based on resilient consumer trends, a continued resurgence of wide release volume, Cinemark\u2019s advantaged financial and competitive positions, and meaningful opportunities we have to generate incremental value creation through our ongoing strategic initiatives.\u201d <\/p>\n

\n\tConcluded Gamble: \u201cConsidering the health of our company and our positive outlook, we paid our first dividend since the pandemic during the quarter and executed $200 million of share repurchases. This marks our first-ever stock buyback program and has put us out in front of managing potential dilution related to our upcoming convertible notes settlement.\u201d<\/p>\n<\/div>\n

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Exhibition giant\u00a0Cinemark\u00a0reported revenue of $541 million, down 7 percent year-over-year from $579 million, for the first quarter of 2025 and swung to a quarterly loss of $39 million, compared to a year-earlier profit of $25 million. But the company touted: \u201cNorth American industry box office momentum accelerated in April, nearly doubling year-over-year, leading into a…<\/p>\n","protected":false},"author":1,"featured_media":666561,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/www.hollywoodreporter.com\/wp-content\/uploads\/2024\/06\/GettyImages-1289415845.jpg?crop=0px%2C294px%2C5472px%2C3062px&resize=1440%2C810","fifu_image_alt":"","footnotes":""},"categories":[17],"tags":[1542,6250,124783],"class_list":["post-666560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-social-mediaa","tag-box-office","tag-cinemark","tag-international"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/666560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=666560"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/666560\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/666561"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=666560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=666560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=666560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}