OREANDA-NEWS. Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three months and year ended December 31, 2015.

Cinemark Holdings, Inc.’s revenues for the three months ended December 31, 2015 increased 7.2% to $707.2 million compared to $659.9 million for the three months ended December 31, 2014. For the three months ended December 31, 2015, admissions revenues increased 6.2% to $429.7 million and concession revenues increased 8.4% to $232.8 million. Average ticket price was $6.42 and concession revenues per patron was $3.48 for the three months ended December 31, 2015.

Adjusted EBITDA for the three months ended December 31, 2015 increased 7.3% to $168.4 million from $156.9 million for the three months ended December 31, 2014. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release.

Net income attributable to Cinemark Holdings, Inc. for the three months ended December 31, 2015 increased 22.2% to $57.8 million from $47.3 million for the three months ended December 31, 2014. Diluted earnings per share for the three months ended December 31, 2015 was $0.50 compared to $0.41 for the three months ended December 31, 2014.

“It was a record-breaking year for the North American industry box office, as well as for each of the countries in which we operate throughout South and Central America,” stated Mark Zoradi, Cinemark’s Chief Executive Officer. “Cinemark is extremely pleased with our worldwide fourth quarter and full-year 2015 results that created new records in each key performance metric, including attendance, admissions and concession revenues, average ticket price, concession per patron, Adjusted EBITDA, and net income.”

Cinemark Holdings, Inc.’s revenues for the year ended December 31, 2015 increased 8.6% to $2,852.6 million from $2,627.0 million for the year ended December 31, 2014. For the year ended December 31, 2015, admissions revenues increased 7.4% to $1,765.5 million and concession revenues increased 10.8% to $937.0 million. Average ticket price increased 1.1% to $6.30 and concession revenues per patron increased 4.7% to $3.35 for the year ended December 31, 2015.

Adjusted EBITDA for the year ended December 31, 2015 increased 11.3% to $663.8 million from $596.5 million for the year ended December 31, 2014. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release.

Net income attributable to Cinemark Holdings, Inc. for the year ended December 31, 2015 increased 12.6% to $216.9 million from $192.6 million for the year ended December 31, 2014. Diluted earnings per share for the year ended December 31, 2015 was $1.87 compared to $1.66 for the year ended December 31, 2014.

As of December 31, 2015, the Company’s aggregate screen count was 5,796 and the Company had commitments to open 13 new theatres and 115 screens during 2016 and seven new theatres and 76 screens subsequent to 2016.

About Cinemark Holdings, Inc.

Cinemark is a leading domestic and international motion picture exhibitor, operating 513 theatres with 5,796 screens in 41 U.S. states, Brazil, Argentina and 12 other Latin American countries as of December 31, 2015.