Cinemark Holdings Inc. CNK reported strong financial results for the first quarter of 2016 wherein both the top and the bottom line surpassed the Zacks Consensus Estimate.Quarterly net income was $58.5 million or 50 cents per share compared with $42.5 million or 37 cents in the year-ago quarter. The earnings figure also outpaced the Zacks Consensus Estimate of 48 cents.Quarterly total revenue of $704.9 million was up 9.2% year over year and ahead of the Zacks Consensus Estimate of $697 million.Segment-wise, Admissions revenues were $435.8 million, up 8.8% year over year. Concession revenues grossed $237.8 million, up 10.9%. Other revenues were $31.2 million, up 3.1% year over year. Geographically, U.S. revenues totaled $543.9 million, up 14.7% year over year. International revenues reached $164.2 million, down 5.8%.Quarterly operating costs and expenses totaled $590.0 million, up 6.3% year over year. Operating income was $114.8 million, up roughly 27% year over year. Operating margin was 16.3% compared with 14.0% in the prior-year quarter. Adjusted EBITDA in the reported quarter was $184.6 million, up 19.6% from the year-ago quarter.At the end of the first quarter, Cinemark had $583.9 million of cash and cash equivalents and $1,802.3 million of debt outstanding compared with $588.5 million of cash and cash equivalents and $1,781.3 million of debt outstanding at the end of 2015. Quarterly capital expenditure was $47.7 million compared with $85.7 million in the year-ago quarter.Important Operating DataIn the reported quarter, worldwide average screen count was 5,805, up 2.3% year over year. Domestic average screen count was 4,522, up 0.6% year over year. International average screen count was 1,283, up 8.6% year over year.Quarterly worldwide average ticket price was $6.01, down 1.8% year over year. Domestic average ticket price was $7.58, up 6.3% year over year. International average ticket price was $3.51, down 19.7% year over year.Quarterly worldwide concession revenues per patron came in at $3.28, up 0.3% year over year. Domestic concession revenues per patron were $4.13, up 7.3% year over year. International concession revenues per patron were $1.92, down 15.8% year over year.Zacks Rank & Stocks to ConsiderCinemark currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader Entertainment industry include Carnival plc. CUK, Cedar Fair, L.P. FUN and The Marcus Corporation MCS. All the three stocks carry a Zacks Rank #2 (Buy).Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report MARCUS CORP (MCS): Free Stock Analysis Report CARNIVAL PLC (CUK): Free Stock Analysis Report CEDAR FAIR (FUN): Free Stock Analysis Report CINEMARK HLDGS (CNK): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research