Cinemark Swings to First-Quarter Profit Despite Lower Revenue ...Middle East

Movie theater owner Cinemark Holdings reported first-quarter revenue of $572.9 million for the three months ended March 31, down 5 percent from $610.8 million in the prior year. That beat a Wall Street analysts estimate for overall revenue at $558.2 million. Overall attendance fell to 40.0 million patrons across its global footprint, down from 42.9 million customers […]

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