Revenue during the quarter grew 10.60 percent to $779.61 million from $704.87 million in the previous year period. Gross margin for the quarter contracted 31 basis points over the previous year period to 94.60 percent. Total expenses were 83.17 percent of quarterly revenues, down from 83.71 percent for the same period last year. This has led to an improvement of 54 basis points in operating margin to 16.83 percent.

Operating income for the quarter was $131.19 million, compared with $114.83 million in the previous year period.

However, the adjusted EBITDA for the quarter stood at $211.88 million compared with $184.65 million in the prior year period. At the same time, adjusted EBITDA margin improved 98 basis points in the quarter to 27.18 percent from 26.20 percent in the last year period.

"I am delighted to report another record-breaking quarter for Cinemark’s worldwide operations," stated Mark Zoradi, Cinemark’s Chief Executive Officer. "This marks our 4th consecutive year of first-quarter records. We were able to leverage the strength in our attendance of nearly 75 million guests to generate first-quarter records in total revenues, net income, Adjusted EBITDA and earnings per share. We are thrilled to have kicked-off the year on such a high note and remain enthusiastic about the upcoming film slate, as well as the execution of our strategic initiatives."