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Stock impact report

National CineMedia Swings to Third Quarter Loss on Lower Ad Revenue [Yahoo! Finance]

National CineMedia, Inc. (NCMI) 
Last national cinemedia, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ncm.com/investor-relations
Company Research Source: Yahoo! Finance
The net loss attributable to National CineMedia came to $3.6 million, against net income of $181.8 million in the comparable year-ago period. Overall third quarter revenue was $62.4 million, down just over 10 percent from $69.6 million in the same period of 2023. More from The Hollywood Reporter Box Office Recovery Helps Boost Post-Bankruptcy National CineMedia National CineMedia Sees Overall Ad Revenue Rise Amid Box Office Recovery for Exhibitors National CineMedia Chapter 11 Restructuring Plan Confirmed by Court The latest financial results reflect the deconsolidation of NCM LLC in April 2023 and the reconsolidation of NCM LLC on August 7, 2023 to complete a financial restructuring as the company emerged from court-directed Chapter 11 bankruptcy proceedings. During the latest quarter, national advertising revenue fell back to $46.8 million, compared to $52 million in the third quarter of 2023. National CineMedia beat the analyst estimate for Q3 revenue at $58.03 million Show less Read more
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