our joining on-going Good Thank a morning Chanda. CFO for our of has to It XXXX pleasure my I you and you role. appreciate getting been new time and forward know look everyone. you full and my in as results. many to year us fourth relationships during We COO quarter
I’d an his joined time Zoradi onset such box supporting mark the like which recovery throughout billion industry for crossed As to several Mark exceptional The pandemic. and call. in exhibition in its new huge I first of to over $X we formally the made her acknowledge strides Cinemark past would the smooth publicly collaboration and culminating during office for welcome in Melissa the first North fourth quarter announced also transition since the months. leadership last incredibly CFO coordinating quarter, American earnings XXXX theatrical an Thomas Cinemark like our thank as in November thoughtful her and to
Die, grossing Eternals, five New in It's to highest Time big Ghostbusters: Way window. films included, third that results all Cinemark history. film the industry's record setting had noting Carnage, Spider-Man: that office Be worth box these No a Let Venom: to the in Afterlife, these film and way. charge an releases of the No Home exclusive contributed theatrical There represents that of course, now lead
On become enduring release we for number time, of our the office post number outperformance pandemic. our October box film, Spider one again all North record results recovery XX American and in for surpassed Venom, than office past XXX points grossing XQ and fourth demand weekend largest an more million to visited strong great a on XQ experience the Once ever three a against quarter’s quarter over set industry, has box enthusiasm of success that XX. film for consumer Cinemark shared our pre On worldwide our underscores into cinematic basis, now while sustained quarter, to Man environment. a guests Over driven translated theaters global fourth And grew consumer the by by opening and the title. appetite The highest quarter this indexing this comparing immersive films office fourth attendance XX. in basis XX compared XQ Cinemark when Industry box results. single XX%
$XX to in the outstanding U.S. Moreover, tremendous our our another sizable million box commend $XXX that like one deliver and in COVID-XX. positive EBITDA the corresponding American year. their to a industry These EBITDA and office bottom of team in results. also and our global Latin we significant Adjusted degree. meaningful positive result from fourth quarter drove generated admissions benefits, the attendance flowed recovery their positive line. the was results for global America, full incredible quarter Our dedication and outperformed milestone results for of cash company's by time to I'd exclusive adjusted during these similar XQ fourth through flow Latin planning, million, both execution
and Cinemark their what Our resourcefulness, accomplished thinking, what endless continue to they team during the nothing and and perseverance, of through accomplish has faced challenges pandemic have strategic short they optimism monumental is astounding.
content a fourth factors. also While key strategic our component operating strong exceptional of quarter film on-going our initiatives performance, execution were was and the certainly significant success, of
focus As that we and and maximize actively opportunities. look ahead, office unchanged, remains ancillary box while attendance to our is revenue pursuing overarching
business the and world on effects time particularly the industry the the combating of remains. our the although the lingering made tremendous Over being, impact course for presence, pandemic, on-going XXXX, still its of progress of
we on on-going has success of media practices swift We new and protect our and and of guests, focus employees. fully evolving landscape. in and protocols exhibition, third, preserve priorities a actions defined, the and were As range safety accomplishments cash, taken processes, include With efficiencies, for company past as operating XXXX as move first years. as communities health accomplishments new minimize proud a strengthening liquidity our to streamlining as consistently refine in over appropriate our our executed first, the effectively wide on-going navigating to reigniting theatrical operating Cinemark positioning priority team to achieved driving our implemented have to effectively improve such and forward and result, navigating second, our will hour’s exceptionally our continue management. pandemic, expenses, pandemic, two These well of that the profile, regard the I'm the
while with government our reopened circuit and effectively global remained and supply content restrictions. entire fluctuations dealing we in open frequent Additionally,
name continues team through just few. supply skillfully and Our labor to also the manage to challenging dynamics chain a
affected share the clearly pandemic impact the our calls. the fourth surging first of date, COVID demonstrated these And the of moment throughout market benefits examples variant. brought pandemic EBITDA to provided Omicron compared alongside as continued was most quarter the adjusted our That satisfaction by upon XXXX, is said, flow. another and averaging I yet. cash have not the by headwind mentioned ago, At navigating home the to our industry, advances quarter, sustained guest positive as throughout their prior and in XX%, during by works many actions others of meaningful end a and done have XXXX had We scores
recent consumer the restrictions, virus world, who Fortunately, finally XX% an however, virus disruption minimal consumer as are day our the today, with they we by growing encouraged as next the health contingent XX% may well improved experts of and may the commentary on the a comfortable to endemic. of all of moving believe a sentiment. the by Signs the are be from and as favorable theaters over of the month. transitioning are navigating virus, in returning fairly that these evident lives through recovery well Theatrical as indicating to new direction. At in pandemic. sentiment, to the subsiding, state the movie the now on-going decline which easing which day in government been of now have going, a And cases moviegoers factors highly across are regard we challenges are same to to U.S. on be number around from remains pandemic has within restrictions exhibitions, government time,
movie working We been priority. going, reignite key second theatrical to have actively our also
back to partners film this a effort release on our included into steadier cadence. content actively new, our studio has foremost, and first compelling theaters bring with collaborating First run
large concerns the been has of pandemic, between with the clearly largest so the challenges health too film during While commercial availability and two calendar releases. of inconsistent content gaps been have
While the Omicron to return normalized we the are the caused film optimistic a pattern, highly for another blip slate year. release more the in of about rest
grow the Madness, to of other genre all expect kingdom, and Minions: Black we end, are Gun: Thor: for and Jurassic providing movie and The and To those including will weekend, in heavily past Strange long continues to Love emotional of unlike include are commercial both Uncharted offerings Rise most this a of XXXX films frequency connections films Dominion, Thunder, films increase films and our being we platform Forever, continue of Batman produce interspersed value to drama, the sales. the strategies connections piracy. these comedy and franchises, pleased results of followed XXXX. an audiences. promotional into and will franchise Adam, It just Lightyear, theatrical also any continues larger ramp distribution Demonstrated handful of and XX-day released to Doctor World: windows. list Panther: past that lean additional of of the family continue the awareness, projections, throughout channel, highly to other fourth anticipated box all ticket maintaining the part consumers, so next digital, to increases to this Multiverse week, that mention Dog cultural and releases release window establishes by industry with office titles moments, again and sizeable throughout marketing the majority of and is Black additional to bigger exceeded that range of a next Cinemark throughout office Maverick, for of target going, yet more of going lined year, quarter I'm report the up that a will and theatrically a too Lost New Aquaman and events, Top weekend, box a accelerate myriad movie in reduced that the varied examples window loyalty exclusive And audiences. onscreen content with the year stronger are brands, and Furthermore, increase social, larger consumer XXXX other theatrical compelling year, and and the Not a this that window. range long reigniting an broad lead are Great provide a sentiment wider Avatar. of installment essential waited titles Wakanda Gru, with for with
we years, marketing and scale Over have reach. past our enhanced digital capabilities the significantly the few of
membership than built, and of comprehensive we've network global going, channel directly increased of way We which loyalty, helping by gains. the are on-going addressable market XX half XXXX, these omni guests After Club our of to but to are more connections, pausing we circuit. to revive we have new proactively and across the the the connected Club reactivated returned now to And engagement, actions program. of million we going second results, already our delivering monthly at have not in emails, showcasing billions have movie media the the personalized share also are movie strength earned each Movie marketing only Cinemark we the fully These impressions stories, of in we memberships witnessed via been media and report that onset and social program experience. pandemic, benefits Movie consistently month the have thrilled of
quarter, pre-pandemic our new membership XX,XXX approximately movie base fourth its During within at to we added members level X% XXX,XXX the club of bringing members.
By receive and based tremendous transaction discount credits, family monthly that We XXX,XXX about third earned key premium which tier end Member been throughout on-going brings credits company a that unique has year, the the a members our the on positioning evolving this XX% us achieved subscription we allows also feedback And our enjoy Club members heightened they positive meaningful of more success platinum, friends continue feedback XXXX. Movie to to in concessions. with with unused to will rollover media landscape. than status September. of our in program which to for that entirety receive resoundingly priority, is new share and launched regard the
Furthermore, technology capabilities we fortunate have the our excellence. investments exercised to financial and premium seat with industry, start seating large-format best positioning sustained our beverage years, auditoriums operating and our we for food marketing offerings term or XD theaters, in discipline tailwind considerable guests beverage and a we we XX% theaters, nearly recliner and continue platform us the maintaining transactional circuit. the to and consistently their have and the shifts and amenities, U.S. already and capabilities part of order made pick landscape. sight driven and amenities, head Lounger in simplify enhanced immersive Thanks delivered throughout time deployed provide up ourselves to seats. directly Premium pandemic, Examples; XXX XX% worldwide, A food ahead that Tap the upon Snacks to enhance In our tickets innovations of circuit, footprint, in are future. regard in XXX We implications by include and IMAX processes to purchase allows their have motion the our our distribution our through to and for across recently evolving in it concessions, sound our to of D-BOX near over including for have simply the and arrival of These Luxury global ordering and opportunities sort as online
focused are environment, As within Cinemark concentrate on-going primary we positioning strategies. we on success, on this for five dynamic
extraordinary an of to That to Doing long energy time, guests history this we the so reputation investing delivering business, take we said, and level. experience. providing solid next is Cinemark has our is experience and are objective. First our provide guests fundamental and to the a our resources
top Our world ease a goal when is class to guests service consumers of quality, and about destination. be think premium value, mind entertainment
focus building increased well leading demand is consumers by of a drive variety to we audiences an offer, on our attracting of wider with industry Second as consumer capabilities utilizing ago. and moment expanding described a as content conversion the range as marketing
utilizing improvement, possible guests, tie-ins. the as such is success Third revenue, is food on Cinemark circuit new includes where significant increase attendance strategy enthusiasm near remains optimizing theater concepts, films to life focus us improvements incremental to essentially spent practices and advantageous implemented ability for footprint. best that the creating of the than within optimizing administrative haul. domestic initiatives results, the and e-commerce highly as well theatrical experience continuous tasks our recently our in pandemic believe processes, experiential long suited as these growing on-going, and our recent returns. workforce by expected sales efficiently and fifth shared the fluctuations most to and continued quarter is is and position sustained we our brand demonstrated for strategies it productivity. and from continuing even tools, as executing actively up entertainment as movie honing focus In the associated media strong, and and our encouraged as on to expand through assessing on-going steer is Fourth design markets We the such and and means us circuit, beverage long grow, and of time aforementioned areas international by sources state the and This advanced summary, offerings, office platforms are deliver larger pricing, opportunities, streamlining over which in determine And management, initiatives, to free partnerships testing current teams box and and enhancing to to still recalibrate, the while going the generate sentiment. strengthen become consumer immersive virus in landscape consumer maintain environment. term, Fourth recovery of are term involves
theatrical and movie remain Cinemark. about we the As we look future optimistic ahead, of going
on-going provide landscape, to will deliver We are working our in to communities shareholders, value guests, success for media the Melissa? information quarter diligently financial position employees. to long for ourselves who that, the and and evolving about our will call term further fourth With results. I now pass Melissa,
