Cinemark Hldgs Inc Stock Price, News & Analysis

Cinemark Holdings (NYSE: CNK) reports significant advancements in providing diverse entertainment experiences. The company leveraged its industry-leading technology to present the popular BTS: Permission to Dance concert across the largest number of U.S. theatres. Cinemark continues to collaborate with major studios for exclusive event screenings, enhancing audience engagement. The company also hosted college football playoff events in partnership with ESPN, showcasing its commitment to multimedia entertainment. With a network of 522 theatres and 5,868 screens, Cinemark focuses on elevating the movie-going experience.

Cinemark Holdings hosted a star-studded exclusive Morbius screening event on March 30 at Cinemark Playa Vista and XD, marking the film's anticipated debut. The event featured a red carpet, a Q&A session with the cast, including Jared Leto, and a simulcast to select theatres across North and South America.

With 522 theatres worldwide, Cinemark aims to provide unique moviegoing experiences, enhancing audience engagement through advanced technology and social media coverage.

National CineMedia (NCMI) launched the NCMx™ platform, a significant data-driven technology tool for connecting brands with targeted moviegoers. This innovative platform utilizes extensive audience data to enhance advertising effectiveness in theaters and online. During an upfront presentation, NCM revealed that nearly 50% of recent moviegoers were aged 18-34, emphasizing the appeal of cinema in reaching younger demographics. Additionally, a new Noovie content series featuring popular personalities aims to strengthen brand connections with this audience.

Cinemark Holdings, Inc. (NYSE: CNK), a leading global motion picture exhibitor, will participate in the Morgan Stanley TMT Investor Conference on Tuesday, March 8, in San Francisco, CA. Key executives, including Sean Gamble, Melissa Thomas, and Chanda Brashears, will engage in 1-on-1 meetings and a fireside chat at 4:45 PT. Cinemark operates 522 theatres with over 5,800 screens across the U.S. and 15 countries, offering premium experiences including the first U.S. subscription program and XD format.

National CineMedia (NASDAQ: NCMI) reported significant recovery in Q4 2021, with total revenue soaring 304.5% to $63.5 million compared to $15.7 million in Q4 2020. The company achieved positive Adjusted OIBDA of $18.4 million, marking its first positive result since Q1 2020. Despite a total revenue increase of 26.8% for the year, operating loss grew to $68.6 million. NCMI announced a quarterly cash dividend of $0.05 per share, payable March 31, 2022. Looking ahead, NCMI expects Q1 2022 revenues between $32.0 million to $35.0 million, with Adjusted OIBDA ranging from negative $7.0 million to negative $4.0 million.

National CineMedia (NASDAQ: NCMI) will participate in the J.P. Morgan Global High Yield & Leveraged Finance Conference on March 1, 2022, at the Loews Miami Beach Hotel, Florida. CEO Tom Lesinski and CFO Ronnie Ng will present at 5:00 PM EST and hold one-on-one investor meetings. NCMI owns 48.3% of National CineMedia, LLC, the largest cinema advertising network in the U.S., reaching over 20,700 screens across 1,600 theaters. For more details, visit www.ncm.com.

Cinemark Holdings, Inc. (NYSE: CNK) reported significant progress in pandemic recovery for Q4 2021, with total revenues reaching $667M, a 579% increase compared to Q4 2020. Admissions and concessions revenues were $344.9M and $248.1M, driven by 48.1 million attendees. Net income stood at $6M, a turnaround from a loss of $239.3M a year prior. Adjusted EBITDA reached $139M. For the full year, total revenues grew 120.1% to $1.51B, but the net loss was $(422.8M), improved from $(616.8M) in 2020.

Cinemark Holdings (NYSE: CNK) is expanding its exclusive sneak preview of Netflix's The Adam Project due to overwhelming demand; auditoriums filled within hours. The in-person event will take place on March 9 at 5 p.m. PT at Cinemark Playa Vista, simulcast to over 200 theaters nationwide. Tickets for this event and standard showtimes are available at Cinemark.com. Cinemark aims to enhance the moviegoing experience with notable engagement from actors like Ryan Reynolds.

National CineMedia (NCMI) plans to announce its fiscal Q4 and full year 2021 earnings on March 3, 2022, after market close. The conference call will start at 5:00 p.m. Eastern Time, accessible via phone and webcast. NCM, owning 48.3% of National CineMedia, LLC, is the largest cinema advertising network in the U.S., connecting brands with diverse audiences through films. The company's digital campaigns extend beyond theaters, engaging viewers online and on mobile platforms.