News Sentinel staff

Regal Entertainment Group on Thursday announced that its revenues topped $800 million in the third quarter of 2016.

Total revenues for the quarter ended Sept. 30 were $811.5 million, compared with total revenues of $725 million for the third quarter ended Sept. 30, 2015. Net income attributable to controlling interest in the third quarter of 2016 was $42.3 million, compared with $21.9 million in the third quarter of 2015.

Regal’s Board of Directors declared a cash dividend of $0.22 per Class A and Class B common share, payable on Dec. 15 to stockholders of record on Dec. 5. The company intends to pay a regular quarterly dividend for the foreseeable future at the discretion of the board of directors depending on available cash, anticipated cash needs, overall financial condition, loan agreement restrictions, future prospects for earnings and cash flows as well as other relevant factors.

“Our continued focus on delivering a premium movie-going experience to our patrons coupled with record industry box office revenue drove meaningful growth, market share gains and solid operating results for Regal in the third quarter,” Amy Miles, CEO of Regal Entertainment Group, stated in a news release. “We are pleased that year-to-date industry box office results are ahead of last year’s record setting total and are optimistic regarding the film slate for the upcoming holiday season.”