Cinemark Hldgs Inc Stock Price, News & Analysis

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.

Cinemark Holdings, Inc. (NYSE: CNK) will announce its fourth quarter and full year 2021 operating results on February 25, 2022, at 8:30 a.m. Eastern Time. Investors can join the conference call via a live webcast or by phone, with details provided in the press release. The company operates 524 theatres across the U.S. and Central America, providing a premium moviegoing experience with features like Luxury Lounger seats and a subscription program. For further information, interested parties can access the company's Investor Relations website.

Sandoval Studios and K-LOVE Films are launching the documentary THE CASE FOR HEAVEN, which will premiere in theaters from April 4 to April 6, 2022. This film, directed by Mani Sandoval, is based on Lee Strobel's best-selling book and delves into the mysteries of life after death, including experiences tied to Near-Death Experiences. The documentary features prominent figures like Francis Chan and John Burke and aims to provide compelling evidence for the afterlife. Tickets are available via the film's official website.

Never Forget Tibet: The Dalai Lama's Untold Story is a feature-length documentary premiering on March 31, 2022, marking the 63rd anniversary of the Dalai Lama's escape from Tibet. This film, created by Compassionate Films, features exclusive accounts from the Dalai Lama and political officer Har Mander Singh. It explores Tibetan culture, spirituality, and offers insights into pressing global issues like the climate crisis. Narrated by Hugh Bonneville and featuring music by Anouska Shankar, the event will include a unique opening ceremony and special short films.