secwatch.observer — SEC 8-K summary
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Issuer:     National CineMedia, Inc. (NCMI)
CIK:        0001377630
Form:       8-K
Filed at:   2025-03-06T23:59:59+00:00
Accession:  0000950170-25-034629
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

National CineMedia Q4 revenue $86.3M, down 5.1% YoY; Q1 guidance $34-36M with negative OIBDA
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- Q4 net income $24.7M ($0.26 EPS) vs $23.7M ($0.24 EPS) in prior year.
- Full year NCM LLC revenue $240.8M, down 7.3% YoY; net loss $22.3M ($0.23 loss per share).
- Q1 2025 guidance: revenue $34-36M, Adjusted OIBDA negative $9.5M to -$7.5M.
- Adjusted OIBDA Q4 $35.0M, down from $39.8M; operating income $20.0M, down from $21.3M.
- CEO cites record-breaking films Wicked and Moana 2; government spending and tariff uncertainty cited as Q1 headwinds.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1377630/000095017025034629/0000950170-25-034629-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1377630/000095017025034629/ncmi-20250306.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-034629

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