Cinemark Holdings reported a net loss of $59.6 million for the three-month period ending March 31, the first quarter the company said it was impacted by the ongoing coronavirus pandemic. The cinema chain was forced to close its theater doors in March to halt the spread of the virus. On Wednesday, the theater chain reported a quarterly net loss of $59.6 million or a loss per share of 51 cents. Analysts following the stock via Yahoo! Finance were expecting a loss of 18 cents in the quarter. That a...
Cinemark Holdings reported a net loss of $59.6 million for the three-month period ending March 31, the first quarter the company said it was impacted by the ongoing coronavirus pandemic. The cinema chain was forced to close its theater doors in March to halt the spread of the virus. On Wednesday, the theater chain reported a quarterly net loss of $59.6 million or a loss per share of 51 cents. Analysts following the stock via Yahoo! Finance were expecting a loss of 18 cents in the quarter. That a...
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