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Cinemark Q3 Revenue Dips But Stock Pops As Chain Boosts Dividend, CEO Sees Strong Finish To 2025
喜满客喜满客(US:CNK) Deadline·2025-11-05 21:25

Cinemark saw revenue and profit dip for the three months ended in September on a softer box office but the nation’s third largest theater chain will boost its quarterly dividend (by 12.5%) and set a new 300millionsharerepurchaseprogramreflectingthestrengthofourfinancialpositionandcontinuedconfidenceinourstrategicdirectionandoutlook.Italsosaidithaseliminatedremainingpandemicrelateddebtthroughthesettlementof300 million share repurchase program “reflecting the strength of our financial position and continued confidence in our strategic direction and outlook.” It also said it has eliminated remaining pandemic-related debt through the settlement of 460 million convertible notes. Shares rose 3% in pre-market tr ...