secwatch.observer — SEC 8-K summary
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Issuer:     National CineMedia, Inc. (NCMI)
CIK:        0001377630
Form:       8-K
Filed at:   2024-08-05T23:59:59+00:00
Accession:  0000950170-24-090752
Event type: earnings
Sentiment:  negative
Materiality: 0.55
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NCMI Q2 NCM LLC revenue $54.7M (-15% YoY); net loss $0.09/shr; Q3 guide weak
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- 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).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377630/000095017024090752/0000950170-24-090752-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377630/000095017024090752/ncmi-20240805.htm
  HTML page:      https://secwatch.observer/filing/0000950170-24-090752

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer