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Cinemark Sees Revenue Plunge, Swings To The Red In COVID-Battered Q3; CEO Says Managing Liquidity Is Key

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deadline.com

Jill Goldsmith Co-Business EditorMajor movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier.

It swung to a loss of $148 million from a $33-millio profit.As of September 30, it had 252 domestic and 15 international theatres open to limited hours, showing library content and some new releases.

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