cinemark holdings inc (CNK) Key Developments
Cinemark to Open New Cinemark Carson and XD Theatre
May 27 15
Cinemark Holdings Inc. announced the opening of a new 13-screen, all-digital movie theatre on May 28, 2015. The new Cinemark Carson and XD theatre, located at 20700 South Avalon Blvd, #285 in Carson, CA at the SouthBay Pavilion, will showcase large, wall-to-wall and floor-to-ceiling screens, enhanced sound systems with multiple sound format capabilities and digital projection in every auditorium. The new multiplex will boast the 10thCinemark XD: Extreme Digital Cinema auditorium in Southern California. The new Cinemark Carson and XD NextGen amenities will include: A viewing environment with large wall-to-wall, ceiling-to-floor screens in all auditoriums; 4K digital projection powered by Barco projectors; RealD 3D capability in seven auditoriums; Enhanced sound systems with multiple sound format capabilities that will enable guests to hear the movies as the filmmakers intended; A cafeteria-style concession stand offering freshly-popped popcorn, Coca-Cola fountain beverages and favorite candy brands; A Cinemark XD: Extreme Digital Cinema auditorium offering a massive screen and the ability to project up to 6 foot-lamberts (3D content).
Cinemark Holdings, Inc. Declares Cash Dividend for the First Quarter of 2015, Payable on June 19, 2015
May 18 15
Cinemark Holdings Inc. announced that its board of directors has declared a cash dividend for the first quarter of 2015 of $0.25 per share of common stock. The dividend will be paid on June 19, 2015 to stockholders of record on June 5, 2015.
Cinemark Holdings, Inc. to Open Eighteen New Theatres with 162 Screens During the Remainder of 2015 and Seven Additional New Theatres with 72 Screens Subsequent to 2015
May 7 15
Cinemark Holdings Inc. had commitments to open eighteen new theatres with 162 screens during the remainder of 2015 and seven additional new theatres with 72 screens subsequent to 2015.
Cinemark Holdings Inc. Reports Unaudited Earnings Results for the First Quarter Ended March 31, 2015; Reports Impairment of Long-Lived Assets for the First Quarter Ended March 31, 2015
May 7 15
Cinemark Holdings Inc. reported unaudited earnings results for the first quarter ended March 31, 2015. For the quarter, the company’s total revenues were $645,398,000 against $602,280,000 a year ago. Operating income was $90,438,000 against $67,855,000 a year ago. Income before income taxes was $69,282,000 against $56,558,000 a year ago. Net income was $42,902,000 against $35,696,000 a year ago. Net income attributable to the company was $42,521,000 or $0.37 basic and diluted per share against $35,443,000 or $0.31 basic and diluted per share a year ago. Adjusted EBITDA was $147,121,000 against $128,555,000 a year ago. Total capital expenditures were $85,747,000 against $52,806,000 a year ago.
For the quarter, the company reported impairment of long-lived assets of $794,000 compared to $354,000 a year ago.
Cinemark Holdings Inc. to Report Q1, 2015 Results on May 07, 2015
Apr 27 15
Cinemark Holdings Inc. announced that they will report Q1, 2015 results at 9:00 AM, Eastern Standard Time on May 07, 2015