Entertainment2 sources
Cinemark Reports Record Q3 Revenue Amid Box Office Rebound
- Cinemark's Q3 revenue reached $1.1 billion, a 23% increase from the previous year.
- The company's stock rose about 4% in premarket trading following the announcement.
- Cinemark saw gains across various categories, including premium large format box office.
- Tentpole films like 'Spider-Man: Brand New Day' contributed to the revenue increase.
- Cinemark's CEO is Sean Gamble.