Cinemark Scores Highest Quarterly Box Office Since the Pandemic, Record Q3 Revenue on ‘Steady Cadence’ of Hits

Cinemark hit the highest quarterly box office since the pandemic in Q3, bringing in a record $922 million in revenue thanks to a “steady cadence” of hits like “Deadpool & Wolverine” and “Twisters.” Net income ticked up to $187.8 million versus $90.2 million for the same quarter in 2023.

Sean Gamble, CEO of the Texas-based theater chain, chalked the positive earnings report up to “strong, sustained consumer enthusiasm for shared, larger-than-life theatrical experiences.”

Here are the top-line results:

Net income: $187.8 million, a 108% increase compared to $90.2 million a year ago.

Earnings Per Share: $1.19, a 95% increase compared to $0.61