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The Motley Fool fool.com 06 Aug, 2022 11:00 am

Cinemark Holdings (CNK) Q2 2022 Earnings Call Transcript

CNK earnings call for the period ending June 30, 2022.

second quarter 2022 earnings call.In today's prepared commentary regarding comparisons, we will be referring back to the second quarter of 2019 unless otherwise indicated as the second quarter of 2021 was severely impacted by COVID closures, government restrictions, and limited new film releases.We appreciate you joining us to discuss our second quarter 2022 results.Following numerous examples of strong individual film performance in the first quarter that delivered results in line or better than pre-pandemic expectations, the second quarter marked another significant step forward in the resurgence of the theatrical exhibition industry's recovery from COVID-19.

During the second quarter, action and superhero fans were captivated by films like Dr.Almost 15% of our second quarter box office at Cinemark was derived from our premium large-format auditoriums XD and IMAX, even though they only account for 5% of our screens.

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