Cinemark (CNK) 8-K Net Income, Eps and Adjusted Ebitda for the Third Quarter of 2018

Exhibit 99.1

CINEMARK HOLDINGS, INC. REPORTS GROWTH IN WORLDWIDE ATTENDANCE, REVENUES,

NET INCOME, EPS AND ADJUSTED EBITDA FOR THE THIRD QUARTER OF 2018

Plano, TX, November 2, 2018 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and nine months ended September 30, 2018.

Cinemark Holdings, Inc.’s total revenues for the three months ended September 30, 2018 increased 6.1% to $754.2 million compared to $710.8 million for the three months ended September 30, 2017. For the three months ended September 30, 2018, admissions revenues increased 0.6% to $427.6 million and concession revenues increased 6.9% to $264.1 million. For the three months ended September 30, 2018, attendance increased 3.7% to 69.8 million patrons, average ticket price was $6.13 and concession revenues per patron increased 3.0% to $3.78.

Net income attributable to Cinemark Holdings, Inc. for the three months ended September 30, 2018 increased 31.7% to $50.2 million from $38.1 million for the three months ended September 30, 2017. Diluted earnings per share for the three months ended September 30, 2018 was $0.43 compared to $0.33 for the three months ended September 30, 2017.

Adjusted EBITDA for the three months ended September 30, 2018 increased 9.6% to $168.4 million compared to $153.7 million for the three months ended September 30, 2017. Reconciliations ofnon-GAAP financial measures are provided in the financial schedules accompanying this press release and at investors.cinemark.com.

“Cinemark again delivered remarkable results during the third quarter. We are pleased to report that ongoing execution of our strategic initiatives, coupled with our sustained operating discipline, enabled us to capitalize on strong film content and generate worldwide growth across our key metrics,” stated Mark Zoradi, Cinemark’s Chief Executive Officer. “Furthermore, continued momentum at the North American box office, which is up 8.7%year-to-date and has been propelled by year-over-year attendance growth, reinforces the strength and stability of the theatrical exhibition industry.”

Cinemark Holdings, Inc.’s total revenues for the nine months ended September 30, 2018 increased 8.1% to $2,423.2 million compared to $2,241.6 million for the nine months ended September 30, 2017. For the nine months ended September 30, 2018, admissions revenues increased 2.8% to $1,389.1 million and concession revenues increased 6.9% to $831.2 million. For the nine months ended September 30, 2018, attendance increased 1.8% to 214.7 million patrons, average ticket price was $6.47 and concession revenues per patron increased 4.9% to $3.87.

Net income attributable to Cinemark Holdings, Inc. for the nine months ended September 30, 2018 increased 14.9% to $194.4 million from $169.1 million for the nine months ended September 30, 2017. Diluted earnings per share for the nine months ended September 30, 2018 was $1.66 compared to $1.45 for the nine months ended September 30, 2017.

Adjusted EBITDA for the nine months ended September 30, 2018 increased 8.8% to $583.4 million compared to $536.2 million for the nine months ended September 30, 2017. Reconciliations ofnon-GAAP financial measures are provided in the financial schedules accompanying this press release and at investors.cinemark.com.

As of September 30, 2018, the Company’s aggregate screen count was 6,014 and the Company had commitments to open five new theatres and 35 screens during the remainder of 2018 and 20 new theatres and 191 screens subsequent to 2018.

Conference Call/Webcast – Today at 8:30 AM ET

Telephone: via800-374-1346 or706-679-3149 (for international callers).

Live Webcast/Replay: Available live atinvestors.cinemark.com. A replay will be available following the call and archived for a limited time.

About Cinemark Holdings, Inc.

Cinemark is a leading domestic and international motion picture exhibitor, operating 541 theatres with 6,014 screens in 41 U.S. states, Brazil, Argentina and 13 other Latin American countries as of September 30, 2018. For more information go toinvestors.cinemark.com.

Financial Contact :

Chanda Brashears –972-665-1671 or cbrashears@cinemark.com

Media Contact:

James Meredith–972-665-1060 or communications@cinemark.com

Forward-looking Statements

This press release includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. The “forward-looking statements” include our current expectations, assumptions, estimates and projections about our business and our industry. They include statements relating to future revenues, expenses and profitability, the future development and expected growth of our business, projected capital expenditures, attendance at movies generally or in any of the markets in which we operate, the number or diversity of popular movies released and our ability to successfully license and exhibit popular films, national and international growth in our industry, competition from other exhibitors and alternative forms of entertainment and determinations in lawsuits in which we are defendants. You can identify forward-looking statements by the use of words such as “may,” “should,” “could,” “estimates,” “predicts,” “potential,” “continue,” “anticipates,” “believes,” “plans,” “expects,” “future” and “intends” and similar expressions which are intended to identify forward-looking statements. These statements are not guarantees of future performance and are subject to risks, uncertainties and other factors, some of which are beyond our control and difficult to predict and could cause actual results to differ materially from those expressed or forecasted in the forward-looking statements. In evaluating forward-looking statements, you should carefully consider the risks and uncertainties described in the “Risk Factors” section or other sections in the Company’s Annual Report on Form10-K filed February 23, 2018. All forward-looking statements attributable to us or persons acting on our behalf are expressly qualified in their entirety by these cautionary statements and risk factors. Forward-looking statements contained in this press release reflect our view only as of the date of this press release. We undertake no obligation, other than as required by law, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Cinemark Holdings, Inc.

Financial and Operating Summary

(unaudited, in thousands, except per share amounts)

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
Statement of income data:
Revenues
Admissions	$	427,616		$	425,128		$	1,389,110		$	1,351,477
Concession		264,165			247,027			831,243			777,573
Other		62,454			38,593			202,906			112,503
Total revenues		754,235			710,748			2,423,259			2,241,553
Cost of operations
Film rentals and advertising		230,121			226,229			758,242			725,603
Concession supplies		42,720			40,178			134,577			124,117
Salaries and wages		92,495			87,305			285,997			261,318
Facility lease expense		80,592			81,919			243,873			248,569
Utilities and other		112,832			92,341			337,866			271,751
General and administrative expenses		38,299			36,947			123,714			112,997
Depreciation and amortization		64,971			58,052			193,656			174,545
Impairment of long-lived assets		1,641			5,026			5,020			9,600
Loss on disposal of assets and other		7,826			8,576			28,666			9,464
Total cost of operations		671,497			636,573			2,111,611			1,937,964
Operating income		82,738			74,175			311,648			303,589
Interest expense		(27,144	)		(26,317	)		(82,725	)		(79,208	)
Loss on debt amendments		—			—			(1,484	)		(246	)
Interest income		2,761			1,682			7,861			4,395
Foreign currency exchange gain (loss)		(3,126	)		584			(6,947	)		2,018
Distributions from NCM		2,386			2,144			12,168			11,704
Interest expense - NCM		(4,983	)		—			(14,875	)		—
Equity in income of affiliates		14,158			10,902			29,208			26,767
Income before income taxes		66,790			63,170			254,854			269,019
Income taxes		16,169			24,630			59,592			98,475
Net income	$	50,621		$	38,540		$	195,262		$	170,544
Less: Net income attributable to noncontrolling interests		393			401			878			1,438
Net income attributable to Cinemark Holdings, Inc.	$	50,228		$	38,139		$	194,384		$	169,106
Earnings per share attributable to Cinemark Holdings, Inc.’s common stockholders
Basic	$	0.43		$	0.33		$	1.66		$	1.45
Diluted	$	0.43		$	0.33		$	1.66		$	1.45
Weighted average shares outstanding - Diluted		116,322			116,104			116,288			116,063

Other Operating Data

(unaudited, in thousands)

	As of		As of
	September 30,		December 31,
	2018		2017
Balance sheet data:
Cash and cash equivalents	$	366,796	$	522,547
Theatre properties and equipment, net	$	1,820,487	$	1,828,054
Total assets	$	4,397,573	$	4,470,893
Long-term debt, including current portion, net of unamortized debt issue costs	$	1,782,440	$	1,787,480
Equity	$	1,469,527	$	1,405,688

Segment Information

(unaudited, in millions, except per patron data)

	U.S. Operating Segment							International Operating Segment												Consolidated
	Three Months Ended September 30,							Three Months Ended September 30,							Constant Currency(1)					Three Months Ended September 30,
	2018		2017		% Change			2018		2017		% Change			2018		% Change			2018		2017		% Change
Revenues
Admissions revenues	$	333.3	$	312.3		6.7	%	$	94.3	$	112.8		(16.4	)%	$	116.3		3.1	%	$	427.6	$	425.1		0.6	%
Concession revenues	$	207.9	$	181.5		14.5	%	$	56.2	$	65.6		(14.3	)%	$	67.1		2.3	%	$	264.1	$	247.1		6.9	%
Other revenues	$	41.1	$	16.9		143.2	%	$	21.4	$	21.7		(1.4	)%	$	27.6		27.2	%	$	62.5	$	38.6		61.9	%
Total revenues	$	582.3	$	510.7		14.0	%	$	171.9	$	200.1		(14.1	)%	$	211.0		5.4	%	$	754.2	$	710.8		6.1	%
Attendance		43.7		40.6		7.6	%		26.1		26.7		(2.2	)%							69.8		67.3		3.7	%
Average ticket price	$	7.63	$	7.69		(0.8	)%	$	3.61	$	4.22		(14.5	)%	$	4.46		5.7	%	$	6.13	$	6.32		(3.0	)%
Concession revenues per patron	$	4.76	$	4.47		6.5	%	$	2.15	$	2.46		(12.6	)%	$	2.57		4.5	%	$	3.78	$	3.67		3.0	%

	U.S. Operating Segment				International Operating Segment						Consolidated
	Three Months Ended				Three Months Ended						Three Months Ended
	September 30,				September 30,						September 30,
	2018		2017		2018		2017		Constant Currency (1) 2018		2018		2017
Cost of Operations
Film rentals and advertising	$	185.1	$	171.5	$	45.0	$	54.7	$	55.5	$	230.1	$	226.2
Concession supplies	$	31.2	$	26.2	$	11.5	$	14.0	$	13.7	$	42.7	$	40.2
Salaries and wages	$	73.2	$	64.6	$	19.3	$	22.7	$	24.0	$	92.5	$	87.3
Facility lease expense	$	61.1	$	59.8	$	19.5	$	22.2	$	23.1	$	80.6	$	82.0
Utilities and other	$	83.0	$	64.0	$	29.9	$	28.4	$	36.8	$	112.9	$	92.4

	U.S. Operating Segment							International Operating Segment												Consolidated
	Nine Months Ended September 30,							Nine Months Ended September 30,							Constant Currency(1)					Nine Months Ended September 30,
	2018		2017		% Change			2018		2017		% Change			2018		% Change			2018		2017		% Change
Revenues
Admissions revenues	$	1,091.5	$	1,003.5		8.8	%	$	297.6	$	348.0		(14.5	)%	$	335.7		(3.5	)%	$	1,389.1	$	1,351.5		2.8	%
Concession revenues	$	661.3	$	582.2		13.6	%	$	169.9	$	195.4		(13.1	)%	$	188.7		(3.4	)%	$	831.2	$	777.6		6.9	%
Other revenues	$	134.9	$	53.8		150.7	%	$	68.0	$	58.7		15.8	%	$	79.1		34.8	%	$	202.9	$	112.5		80.4	%
Total revenues	$	1,887.7	$	1,639.5		15.1	%	$	535.5	$	602.1		(11.1	)%	$	603.5		0.2	%	$	2,423.2	$	2,241.6		8.1	%
Attendance		138.9		130.1		6.8	%		75.8		80.9		(6.3	)%							214.7		211.0		1.8	%
Average ticket price	$	7.86	$	7.71		1.9	%	$	3.93	$	4.30		(8.6	)%	$	4.43		3.0	%	$	6.47	$	6.41		0.9	%
Concession revenues per patron	$	4.76	$	4.48		6.2	%	$	2.24	$	2.42		(7.4	)%	$	2.49		2.9	%	$	3.87	$	3.69		4.9	%

	U.S. Operating Segment Nine Months Ended September 30,				International Operating Segment Nine Months Ended September 30,						Consolidated Nine Months Ended September 30,
	2018		2017		2018		2017		Constant Currency (1) 2018		2018		2017
Cost of Operations
Film rentals and advertising	$	616.7	$	558.3	$	141.5	$	167.3	$	160.0	$	758.2	$	725.6
Concession supplies	$	98.1	$	82.1	$	36.5	$	42.0	$	40.5	$	134.6	$	124.1
Salaries and wages	$	224.3	$	194.5	$	61.7	$	66.8	$	70.7	$	286.0	$	261.3
Facility lease expense	$	183.1	$	181.1	$	60.8	$	67.5	$	66.9	$	243.9	$	248.6
Utilities and other	$	245.7	$	185.1	$	92.2	$	86.7	$	104.9	$	337.9	$	271.8

(1) Constant currency amounts, which arenon-GAAP measurements, were calculated using the average exchange rate for the corresponding month for 2017. We translate the results of our international operating segment from local currencies into U.S. dollars using currency rates in effect at different points in time in accordance with U.S. GAAP. Significant changes in foreign exchange rates from one period to the next can result in meaningful variations in reported results. We are providing constant currency amounts for our international operating segment to present aperiod-to-period comparison of business performance that excludes the impact of foreign currency fluctuations.

Other Segment Information

(unaudited, in thousands)

	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2018		2017		2018		2017
Adjusted EBITDA (1)
U.S.	$	132,652	$	108,854	$	476,907	$	402,902
International		35,740		44,818		106,518		133,329
Total Adjusted EBITDA(1)	$	168,392	$	153,672	$	583,425	$	536,231
Capital expenditures
U.S.	$	65,458	$	65,612	$	195,104	$	221,604
International		17,915		14,318		50,858		41,126
Total capital expenditures	$	83,373	$	79,930	$	245,962	$	262,730

(1) Adjusted EBITDA represents net income before income taxes, interest expense, interest income, foreign currency exchange gain (loss), interest expense – NCM, equity in income of affiliates, loss on debt amendments and refinancing, other cash distributions from equity investees, depreciation and amortization, impairment of long-lived assets, loss on disposal of assets and other, changes in deferred lease expense, amortization of long-term prepaid rents and share based awards compensation expense, as calculated below. Adjusted EBITDA is anon-GAAP financial measure commonly used in our industry and should not be construed as an alternative to net income as an indicator of operating performance or as an alternative to cash flow provided by operating activities as a measure of liquidity (as determined in accordance with GAAP). Adjusted EBITDA may not be comparable to similarly titled measures reported by other companies. We have included Adjusted EBITDA because we believe it provides management and investors with additional information to measure our performance and liquidity, estimate our value and evaluate our ability to service debt. In addition, we use Adjusted EBITDA for incentive compensation purposes.

Reconciliation of Adjusted EBITDA

(unaudited, in thousands)

	Three Months Ended						Nine Months Ended
	September 30,						September 30,
	2018			2017			2018			2017
Net income	$	50,621		$	38,540		$	195,262		$	170,544
Add (deduct):
Income taxes		16,169			24,630			59,592			98,475
Interest expense		27,144			26,317			82,725			79,208
Other income		(8,810	)		(13,168	)		(15,247	)		(33,180	)
Loss on debt amendments and refinancing		—			—			1,484			246
Other cash distributions from equity investees(2)		4,786			2,402			21,041			17,321
Depreciation and amortization		64,971			58,052			193,656			174,545
Impairment of long-lived assets		1,641			5,026			5,020			9,600
Loss on disposal of assets and other		7,826			8,576			28,666			9,464
Deferred lease expenses - theatres(3)		216			(44	)		(252	)		(278	)
Deferred lease expenses - projectors(4)		(236	)		(253	)		(700	)		(741	)
Amortization of long-term prepaid rents (3)		578			551			1,814			1,540
Share based awards compensation expense(5)		3,486			3,043			10,364			9,487
Adjusted EBITDA	$	168,392		$	153,672		$	583,425		$	536,231

(2) Represents cash distributions received from equity investees that were recorded as a reduction of the respective investment balances.

(3) Non-cash expense included in facility lease expense.

(4) Non-cash expense included in utilities and other.

(5) Non-cash expense included in general and administrative expenses.