Cinemark reported a narrowed fourth-quarter loss of $18 million, compared to a year-earlier loss of $99.3 million, as revenue rose 6.5 percent to $638.9 million, the exhibition giant reported Friday. Quarterly adjusted earnings before interest, taxes, depreciation and amortization (EBITDA), another profitability metric, grew to $79.6 million from $73.5 million a year ago. On the earnings call, CEO […]
SOURCE: The Hollywood Reporter at 06:41AM on February 16, 2024