Strong Ql maintains momentum for Carmike

Diorio, Carl
May 2009
Hollywood Reporter;5/5/2009, Vol. 409 Issue 33, p7
Trade Publication
The article presents information on the financial performance of Carmike Cinemas Inc. Carmike Cinemas reported a narrowed first-quarter loss of $4 million. It is reported that a one-time charge related to its termination agreement with former chief executive Michael Patrick kept the company from turning a profit. Carmike's revenue rose nearly 5% to $121.9 million and its admissions revenue was up 4%, and concession sales increased 6%.


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