* Q3 EPS 19 cents vs est 17 cents
* Revenue $476.2 mln vs est $460.5 mln
Nov 10 (Reuters) - Movie-theatre operator Cinemark Holdings Inc posted a
better-than-expected third-quarter profit, partly helped its strong performance
in international markets and the success of films such as "The Dark Knight."
The company posted net income of $20.4 million, or 19 cents a share, in
the latest third quarter, compared with a net loss of $23.4 million, or 22 cents
a share, a year earlier.
Revenue rose 1 percent to $476.2 million for the quarter ended September
30.
"As we head into the fourth quarter, the domestic industry's box office
was up approximately 17 percent for the month of October and we feel consumers
will continue to seek affordable entertainment options during these challenging
economic times," Chief Executive Alan Stock said in a statement.
On September 30, the company operated 4,717 screens across the United
States, Canada and Latin American countries. The company had signed commitments
to open ten new theatres with 98 screens by the end of 2008.
Shares of the company, which competes with Carmike Cinemas Inc, were
trading down 7 cents at $8.52 Monday morning on the New York Stock Exchange.
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(Reporting by Purwa Naveen Raman in Bangalore; Editing by Pratish Narayanan)
Keywords: CINEMARK/
(purwa.naveen@reuters.com; within U.S. +1 646 223 8780; outside U.S. +91 80 4135
5800; Reuters Messaging: purwa.naveen.reuters.com@reuters.net)
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