EX-99.1

Exhibit 99.1

LOGO

CINEMARK HOLDINGS, INC. REPORTS REVENUES OF $744.4 MILLION AND ADJUSTED EBITDA OF $168.4 MILLION FOR THE SECOND QUARTER OF 2016

Plano, TX, August 9, 2016 – Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and six months ended June 30, 2016.

Cinemark Holdings, Inc.’s total revenues for the three months ended June 30, 2016 were $744.4 million compared to $799.9 million for the three months ended June 30, 2015. For the three months ended June 30, 2016, admissions revenues were $456.1 million and concession revenues were $253.6 million. Concession revenues per patron increased 2.7% to $3.47 and average ticket price was $6.25 for the three months ended June 30, 2016.

Adjusted EBITDA for the three months ended June 30, 2016 was $168.4 million compared to $194.5 million for the three months ended June 30, 2015. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release.

Net income attributable to Cinemark Holdings, Inc. for the three months ended June 30, 2016 was approximately $53.9 million compared to $70.3 million for the three months ended June 30, 2015. Diluted earnings per share for the three months ended June 30, 2016 was $0.46 compared to $0.61 for the three months ended June 30, 2015.

“While our industry faced a challenging second quarter box office hurdle, given last year’s all-time record-setting benchmark, we are pleased that our continued execution on our key initiatives yet again enabled Cinemark to outperform the industry. Our U.S. segment surpassed the North American industry’s box office by 120 basis points in the second quarter, marking 27 out of the past 30 quarters of outperformance. Furthermore, our international segment continues to demonstrate recession-resistant strength, having attracted a consistent number of patrons despite last year’s all-time high, as well as the economic and political challenges that exist across Latin America,” stated Mark Zoradi, Cinemark’s Chief Executive Officer. Mr. Zoradi continued, “Year-to-date industry box office has increased more than 3% through July, which has surpassed everyone’s expectations, and we remain enthusiastic about the film content for the remainder of this year, as well as coming years, and how it will appeal to our patrons.”

Cinemark Holdings, Inc.’s total revenues for the six months ended June 30, 2016 increased to $1,449.3 million from $1,445.3 million for the six months ended June 30, 2015. During the six months ended June 30, 2016, admissions revenues were $891.9 million and concession revenues increased 3.7% to $491.4 million. Attendance increased 2.3% to 145.5 million patrons. Concession revenues per patron increased 1.5% to $3.38 and average ticket price was $6.13 for the six months ended June 30, 2016.

Adjusted EBITDA for the six months ended June 30, 2016 increased 1.2% to $353.0 million, compared to $348.9 million for the six months ended June 30, 2015. Reconciliations of non-GAAP financial measures are provided in the financial schedules accompanying this press release.

Net income attributable to Cinemark Holdings, Inc. for the six months ended June 30, 2016 was $112.4 million compared to $112.8 million for the six months ended June 30, 2015. Net income for the six months ended June 30, 2016 was impacted by a loss on debt amendments and refinancing of $13.3 million, which was primarily due to the refinancing of the Company’s 7.375% senior subordinated notes with an add-on to the Company’s 4.875% senior notes. Diluted earnings per share for the six months ended June 30, 2016 was consistent with the six months ended June 30, 2015 at $0.97, even with the aforementioned loss on debt amendments and refinancing.

On June 30, 2016, the Company’s aggregate screen count was 5,888. As of June 30, 2016, the Company had signed commitments to open nine new theatres and 69 screens by the end of 2016 and open 12 new theatres with 109 screens subsequent to 2016.

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

Telephone: via 800-374-1346 or 706-679-3149 (for international callers).

Live Webcast/Replay: Available live at investors.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 522 theatres with 5,888 screens in 41 U.S. states, Brazil, Argentina and 13 other Latin American countries as of June 30, 2016. For more information go to investors.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 Form 10-K filed February 24, 2016 and quarterly reports on Form 10-Q. 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)


	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
*Statement of income data:*
Revenues
Admissions	$	456,075		$	502,963		$	891,895		$	903,625
Concession		253,592			259,530			491,407			473,957
Other		34,737			37,439			65,971			67,748

Total revenues		744,404			799,932			1,449,273			1,445,330
Cost of operations
Film rentals and advertising		250,421			278,125			483,335			485,735
Concession supplies		39,208			40,903			75,111			73,406
Facility lease expense		80,252			82,391			159,056			162,008
Other theatre operating expenses		173,367			168,844			329,880			321,473
General and administrative expenses		35,987			39,277			73,853			77,202
Depreciation and amortization		52,358			46,569			101,687			91,901
Impairment of long-lived assets		1,425			3,528			1,917			4,322
Loss on sale of assets and other		5,824			5,802			4,045			4,352

Total cost of operations		638,842			665,439			1,228,884			1,220,399

Operating income		105,562			134,493			220,389			224,931
Interest expense ⁽¹⁾		(27,262	)		(28,304	)		(55,321	)		(56,511	)
Loss on debt amendments and refinancing		(98	)		(925	)		(13,284	)		(925	)
Distributions from NCM		193			—			8,736			8,499
Foreign currency gain (loss)		512			1,439			2,398			(6,767	)
Other income		7,078			6,961			15,572			13,719

Income before income taxes		85,985			113,664			178,490			182,946
Income taxes		31,617			42,774			65,076			69,154

Net income	$	54,368		$	70,890		$	113,414		$	113,792
Less: Net income attributable to noncontrolling interests		462			632			983			1,013

Net income attributable to Cinemark Holdings, Inc.	$	53,906		$	70,258		$	112,431		$	112,779

Earnings per share attributable to Cinemark Holdings, Inc.’s common stockholders:
Basic	$	0.46		$	0.61		$	0.97		$	0.97

Diluted	$	0.46		$	0.61		$	0.97		$	0.97

Weighted average diluted shares outstanding		115,758			115,328			115,660			115,215

*Other financial data:*
Adjusted EBITDA ⁽²⁾	$	168,395		$	194,498		$	353,042		$	348,883

⁽¹⁾	Includes amortization of debt issue costs.

⁽²⁾	Adjusted EBITDA is a non-GAAP financial measure. A reconciliation of Adjusted EBITDA to net income is provided in the financial schedules accompanying this press release.


	As of		As of
	June 30,		December 31,
	2016		2015
*Balance sheet data:*
Cash and cash equivalents	$	583,600	$	588,539
Theatre properties and equipment, net	$	1,590,780	$	1,505,069
Total assets	$	4,215,693	$	4,126,497
Long-term debt, including current portion	$	1,789,392	$	1,781,335
Equity	$	1,200,066	$	1,110,813


	Three months ended June 30,				Six months ended June 30,
	2016		2015		2016		2015
*Other operating data:*
Attendance (patrons, in millions):
Domestic		45.5		49.0		90.0		90.5
International		27.5		27.7		55.5		51.7

Worldwide		73.0		76.7		145.5		142.2

Average ticket price (in dollars):
Domestic	$	7.59	$	7.67	$	7.59	$	7.42
International	$	4.03	$	4.60	$	3.77	$	4.49
Worldwide	$	6.25	$	6.56	$	6.13	$	6.35
Concession revenues per patron (in dollars):
Domestic	$	4.26	$	3.98	$	4.20	$	3.92
International	$	2.17	$	2.33	$	2.05	$	2.31
Worldwide	$	3.47	$	3.38	$	3.38	$	3.33
Average screen count (month end average):
Domestic		4,566		4,498		4,543		4,497
International		1,298		1,209		1,291		1,196

Worldwide		5,864		5,707		5,834		5,693

Segment Information

(unaudited, in thousands)


	Three months ended June 30,						Six months ended June 30,
	2016			2015			2016			2015
Revenues
U.S.	$	560,534		$	592,482		$	1,104,449		$	1,066,777
International		187,561			211,505			351,736			385,838
Eliminations		(3,691	)		(4,055	)		(6,912	)		(7,285	)

Total revenues	$	744,404		$	799,932		$	1,449,273		$	1,445,330

Adjusted EBITDA
U.S.	$	127,845		$	144,649		$	271,478		$	259,020
International		40,550			49,849			81,564			89,863

Total Adjusted EBITDA	$	168,395		$	194,498		$	353,042		$	348,883

Capital expenditures
U.S.	$	58,182		$	43,947		$	99,380		$	118,214
International		25,597			26,018			32,144			37,498

Total capital expenditures	$	83,779		$	69,965		$	131,524		$	155,712

Reconciliation of Adjusted EBITDA

(unaudited, in thousands)


	Three months ended						Six months ended
	June 30,						June 30,
	2016			2015			2016			2015
Net income	$	54,368		$	70,890		$	113,414		$	113,792
Income taxes		31,617			42,774			65,076			69,154
Interest expense		27,262			28,304			55,321			56,511
Other income		(7,590	)		(8,400	)		(17,970	)		(6,952	)
Loss on debt amendments and refinancing		98			925			13,284			925
Other cash distributions from equity investees ⁽²⁾		184			1,045			8,270			8,309
Depreciation and amortization		52,358			46,569			101,687			91,901
Impairment of long-lived assets		1,425			3,528			1,917			4,322
Loss on sale of assets and other		5,824			5,802			4,045			4,352
Deferred lease expenses - theatres ⁽³⁾		26			(351	)		(182	)		(819	)
Deferred lease expenses – DCIP equipment ⁽⁴⁾		(233	)		(234	)		(465	)		(469	)
Amortization of long-term prepaid rents ⁽³⁾		514			669			985			1,382
Share based awards compensation expense ⁽⁵⁾		2,542			2,977			7,660			6,475

Adjusted EBITDA ⁽¹⁾	$	168,395		$	194,498		$	353,042		$	348,883

(1)

Adjusted EBITDA as calculated in the chart above represents net income before income taxes, interest expense, other income, loss on debt amendments and refinancing, other cash distributions from equity investees, depreciation and amortization, impairment of long-lived assets, loss on sale of assets and other, changes in deferred lease expense, amortization of long-term prepaid rents and share based awards compensation expense. Adjusted EBITDA is a non-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. Adjusted EBITDA margin represents Adjusted EBITDA divided by total revenues.

(2)	Represents cash distributions received from equity investees that were recorded as a reduction of the respective investment balances. Adjusted EBITDA for the three and six months ended June 30, 2015 has been adjusted to reflect a comparable presentation.

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

(4)	Non-cash expense included in other theatre operating expenses.

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