earnings
confidence high
sentiment negative
materiality 0.55
NCMI Q2 NCM LLC revenue $54.7M (-15% YoY); net loss $0.09/shr; Q3 guide weak
National CineMedia, Inc.
2024-Q2 EPS reported
-$0.45
revenue$92,100,000
- NCM LLC Q2 revenue $54.7M (-15.1% YoY); operating loss widened to $9.3M from $2.2M.
- Consolidated net loss $8.7M (-$0.09/diluted share) vs net income $545.3M in Q2 2023 due to prior year restructuring gain.
- Advertising revenue per attendee hit $0.56, highest Q2 since 2017; national ad revenue per attendee up 37% YoY.
- Q3 guidance: total revenue $56M-$58M (down from $69.6M); Adj OIBDA $6M-$8M (down from $11.3M).