> Income jumped to $7.7 million from $3.3 million, including $5.2 million of noncash charges. Adjusted ebitda rose 1.9% to$24 million. The chain said it outperformed the industry by 7.6 percentage points during the fourth quarter (as per Comscore).
> Admission revenues rose 6% in the quarter year on year as attendance decreased 5.7% but average ticket price increased 12.7%. The chain as others has been tinkering with strategic pricing during peak demand periods, and it said a higher percentage of sales are coming from premium large format and 3D showings. Its top five films were Wicked: For Good, Zootopia 2, Avatar: Fire and Ash, Five Nights at Freddy’s 2, and Black Phone 2.
> Labor efficiency sequentially improving during the year. Average ticket price increased 3.7% and average concession revenue per person grew 4.1%.
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> Income jumped to $7.7 million from $3.3 million, including $5.2 million of noncash charges. Adjusted ebitda rose 1.9% to$24 million. The chain said it outperformed the industry by 7.6 percentage points during the fourth quarter (as per Comscore).
> Admission revenues rose 6% in the quarter year on year as attendance decreased 5.7% but average ticket price increased 12.7%. The chain as others has been tinkering with strategic pricing during peak demand periods, and it said a higher percentage of sales are coming from premium large format and 3D showings. Its top five films were Wicked: For Good, Zootopia 2, Avatar: Fire and Ash, Five Nights at Freddy’s 2, and Black Phone 2.
> Labor efficiency sequentially improving during the year. Average ticket price increased 3.7% and average concession revenue per person grew 4.1%.