Cinemark's third-quarter revenue tops $1 billion as summer box office gains continue

The theater chain posted $1.05 billion in third-quarter revenue, up from $857.5 million a year earlier. Admissions brought in $530.8 million and concessions $414 million, while net income reached $124 million. A strong summer movie slate helped sustain box office momentum, though concession spending per patron slipped from the preceding quarter.