earnings
confidence high
sentiment negative
materiality 0.80
NCM LLC Q2 net loss widens to $23.6M; revenue falls 4% YoY; emerges from Chapter 11
National CineMedia, Inc.
2023-Q3 EPS reported
$20.72
revenue$74,400,000
- Net loss of $23.6M in Q2 2023 vs $15.0M in Q2 2022; six-month net loss $78.6M vs $54.6M.
- Revenue $64.4M, down 4% from $67.1M; six-month revenue $99.3M vs $103.0M.
- Operating loss of $2.2M in Q2 vs operating income of $5.6M in prior year quarter.
- Liabilities subject to compromise total $1.23B; members' deficit of ($540.9M).
- Emerged from Chapter 11 on Aug 7, 2023; NCM Inc. reconsolidated NCM LLC with no debt.