You will be redirected back to your article in seconds

Profits rise for Carmike

Revenue rose 2% to $130.4 million in latest quarter

HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million.

That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter.

The Columbus, Ga.-based circuit revealed its financial results in a regulatory filing. Carmike also disclosed that it has rejected 130 theater leases since filing for Chapter 11 bankruptcy on Aug. 8.

Exhib proposes to restructure $263.3 million in bank loans. Objections to the plan must be filed by Dec. 1, with a voting deadline set for Dec. 20 and a confirmation hearing skedded Jan. 3.

At the time of its Chapter 11 filing, Carmike listed $841.2 million in assets and $652.9 million in liabilities.

(Dow Jones contributed to this report.)

More Film

  • Kiersey Clemons

    Kiersey Clemons to Star in Jonás Cuarón's 'Zorro' Movie

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

  • Kristen Bell Pandas

    Film News Roundup: Kristen Bell to Narrate 'Pandas' Documentary for Imax

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

  • Lupita Nyong'o Trevor Noah

    Lupita Nyong'o to Star in Trevor Noah Biopic 'Born a Crime'

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

  • Shape of Water

    'Shape of Water' Ripped Off 1969 Play, Lawsuit Alleges

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

  • 'A Wrinkle in Time' May Top

    Will 'A Wrinkle in Time' Be the Film That Dethrones 'Black Panther'?

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

  • 'Unsane' Review: Claire Foy Brings Grit

    Berlin Film Review: 'Unsane'

    HOLLYWOOD — Carmike Cinemas, which recently filed for a bankruptcy reorg plan, Wednesday reported a third-quarter profit of $11.1 million. That compares with a loss of $2.1 million in the same period last year. Revenue rose 2% to $130.4 million in the latest quarter. The Columbus, Ga.-based circuit revealed its financial results in a regulatory […]

More From Our Brands

Access exclusive content