Revenue during the quarter grew 4.33 percent to $821.20 million from $787.10 million in the previous year period. Gross margin for the quarter contracted 9 basis points over the previous year period to 96.25 percent. Total expenses were 87.88 percent of quarterly revenues, down from 89.76 percent for the same period last year. This has led to an improvement of 188 basis points in operating margin to 12.12 percent.

Operating income for the quarter was $99.50 million, compared with $80.60 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $187.70 million compared with $164.20 million in the prior year period. At the same time, adjusted EBITDA margin improved 200 basis points in the quarter to 22.86 percent from 20.86 percent in the last year period.

"Our continued focus on delivering a premium-movie going experience to our customers combined with record first quarter industry box office results produced meaningful revenue growth, market share gains and Adjusted EBITDA of over $187 million - the highest quarterly total in our history,” stated Amy Miles, chief executive officer of Regal Entertainment Group. “With the outstanding first quarter box office results behind us and a much-anticipated film slate set for the remainder of the year, we remain optimistic regarding the potential for box office success throughout 2017."