Core Insights - National CineMedia (NCMI) reported revenue of $51.8 million for the quarter ended June 2025, reflecting a year-over-year decline of 5.3% and an EPS of -$0.11 compared to -$0.09 a year ago [1] - The reported revenue fell short of the Zacks Consensus Estimate of $55 million, resulting in a surprise of -5.82% [1] - The company did not deliver an EPS surprise, with the consensus EPS estimate being -$0.11 [1] Revenue Breakdown - Local and regional advertising revenue was $6.4 million, significantly below the two-analyst average estimate of $9.4 million, representing a year-over-year decline of 34.7% [4] - National advertising revenue reached $41.2 million, slightly below the two-analyst average estimate of $43.95 million, with a year-over-year change of -1.2% [4] - Total advertising revenue (excluding beverage) was reported at $47.62 million, compared to the estimated $53.35 million, indicating a year-over-year decline of 12.9% [4] - ESA advertising revenue from beverage concessionaire agreements was $4.2 million, exceeding the average estimate of $3.65 million, and showing a year-over-year increase of 31.3% [4] Stock Performance - Shares of National CineMedia have returned +0.9% over the past month, compared to the Zacks S&P 500 composite's +1% change [3] - The stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance relative to the broader market in the near term [3]

Company Performance - National CineMedia (NCMI) reported a quarterly loss of $0.11 per share, consistent with the Zacks Consensus Estimate, compared to a loss of $0.09 per share a year ago [1] - The company posted revenues of $51.8 million for the quarter ended June 2025, missing the Zacks Consensus Estimate by 5.82%, and down from $54.7 million year-over-year [2] - The stock has lost approximately 28.5% since the beginning of the year, while the S&P 500 has gained 7.6% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is -$0.04 on revenues of $63.4 million, and -$0.05 on revenues of $251.67 million for the current fiscal year [7] - The estimate revisions trend for National CineMedia was unfavorable prior to the earnings release, resulting in a Zacks Rank 5 (Strong Sell) for the stock [6] Industry Context - The Advertising and Marketing industry, to which National CineMedia belongs, is currently in the top 32% of over 250 Zacks industries, indicating a favorable industry outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, suggesting that industry performance can significantly impact individual stock performance [5]

Financial Data and Key Metrics Changes - National CineMedia's total revenue for Q2 2025 was $51.8 million, which was below the guidance range of $56 million to $61 million and down 5% compared to the prior year [18][19] - Adjusted OIBDA for the second quarter was $700,000, a significant decrease from $7.6 million in the prior year [22] - Operating income was negative $12 million, compared to negative $9.3 million in the same period last year [21] Business Line Data and Key Metrics Changes - National advertising revenue for Q2 2025 was $41.2 million, slightly down from $41.7 million in Q2 2024, with national ad revenue per attendee dropping to $0.36 from $0.45 year-over-year [19] - Local and regional advertising revenue totaled $6.4 million, down from $9.8 million in the previous year, reflecting cautious advertiser sentiment [19][20] - Programmatic advertiser volume grew by over 50% quarter-over-quarter, with approximately 70% of programmatic advertisers being new to NCM [10] Market Data and Key Metrics Changes - The scatter market represented 40% of NCM's national on-screen revenue in Q2 2025, with inventory utilization up 12% [19] - Attendance increased by 24% year-over-year, reaching over 115 million individuals across the network in Q2 2025 [13] Company Strategy and Development Direction - The company is focusing on scaling programmatic and self-serve offerings to capture growing premium video advertising budgets [8] - NCM is enhancing its sales capabilities by onboarding new talent and engaging high-value advertisers at local and regional levels [10] - The company aims to deepen existing advertiser relationships and strategically expand its client base, leveraging the unique value of cinema as a high-impact advertising channel [13] Management's Comments on Operating Environment and Future Outlook - Management acknowledged a challenging operating environment in Q2 due to advertiser caution in key categories, but expressed optimism for the second half of the year [6][14] - Early indicators for Q3 are encouraging, with booked sales pacing ahead of the same period last year and demand normalizing across key categories [14] - The company expects third-quarter revenue to be between $62 million and $67 million, supported by improved advertiser commitment and sustained theatrical strength [26] Other Important Information - NCM had $40.3 million in cash and equivalents at the end of Q2 2025, with zero outstanding debt [23][24] - The company reinstated a quarterly dividend of $0.03 per share, amounting to $2.8 million, to be paid on August 29, 2025 [25] - Year-to-date total revenue was $86.6 million, down from $92.1 million in the same period last year [22] Q&A Session Summary Question: Insights on Q3 revenue guidance and potential year-end ad budget flushes - Management noted a more relaxed budgeting environment in Q3 compared to Q2, with significant confidence returning among advertisers [30][32] Question: Expectations for strategic investing in sales and marketing - Management indicated that investments in sales and marketing would be more back-half weighted, with ongoing monitoring of operating expenses [34][35] Question: Clarification on Q3 guidance and demand spillover from Q2 - Management confirmed that the Q3 guidance reflects mostly new business rather than a spillover from paused deals in Q2 [39][40] Question: Feedback on programmatic advertising traction - Management reported significant traction in programmatic advertising, with a high percentage of new advertisers engaging with the platform [42][43] Question: Strategies for increasing visibility with media buyers - Management highlighted the establishment of a new business group focused on acquiring new clients and enhancing awareness of their advertising platform [45][46] Question: Impact of CTV on utilization and CPMs - Management acknowledged CTV as a competitive bucket and indicated plans to build a programmatic platform to compete in that space [68]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 26, 2025 or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33296 NATIONAL CINEMEDIA, INC. (Exact name of registrant as specified in its charter) Delaware 20-5665602 (State or Other Jurisdiction of I ...

[Company Announcement & Overview](index=1&type=section&id=Company%20Announcement%20%26%20Overview) National CineMedia reported a Q2 2025 revenue and Adjusted OIBDA decline, with CEO optimism for a stronger second half, Q3 outlook, and a declared dividend [Q2 2025 Results Summary](index=1&type=section&id=Q2%202025%20Results%20Summary) National CineMedia reported a decrease in Q2 2025 total revenue by 5.3% to $51.8 million, with operating loss increasing to $12.0 million and net loss per diluted share at $0.11, while Adjusted OIBDA also decreased significantly to $0.7 million from $7.6 million in Q2 2024 Q2 2025 Key Financial Highlights (Unaudited, $ in millions) | Metric | Q2 2025 ($M) | Q2 2024 ($M) | Change (%) | | :-------------------------- | :----------- | :----------- | :--------- | | Total Revenue | 51.8 | 54.7 | -5.3% | | Operating Loss | (12.0) | (9.3) | +29.0% | | Net Loss per Diluted Share | (0.11) | (0.09) | +22.2% | | Adjusted OIBDA | 0.7 | 7.6 | -90.8% | - Total revenue for the six months ended June 26, 2025, decreased **6.0%** to **$86.6 million** compared to **$92.1 million** for the same period in 2024[4](index=4&type=chunk) - Adjusted OIBDA for the six months ended June 26, 2025, decreased to **negative $8.3 million** from **positive $1.9 million** for the same period in 2024[4](index=4&type=chunk) [CEO Commentary & Strategic Outlook](index=1&type=section&id=CEO%20Commentary%20%26%20Strategic%20Outlook) CEO Tom Lesinski acknowledged a challenging Q2 but expressed optimism for a stronger second half of 2025, driven by renewed industry momentum from a strong summer box office, upcoming tentpole releases, and growing advertiser confidence, with the company remaining focused on its long-term strategy for sustainable, profitable growth - CEO notes challenging economic and advertising environment in Q2 but is encouraged by **third-quarter sales commitments pacing ahead of last year's levels**[2](index=2&type=chunk) - Optimistic about a **stronger second half of the year**, driven by a strong summer box office, compelling slate of upcoming tentpole releases, and growing advertiser confidence[2](index=2&type=chunk) - Company remains focused on executing its **long-term strategy** to drive sustainable, profitable growth[2](index=2&type=chunk) [Q3 2025 Outlook](index=2&type=section&id=Q3%202025%20Outlook) For the third quarter of 2025, NCM LLC anticipates total revenue between $62.0 million and $67.0 million, and Adjusted OIBDA in the range of $7.5 million to $11.5 million Q3 2025 Financial Outlook (Unaudited, $ in millions) | Metric | Q3 2025 Outlook | | :---------------- | :-------------------- | | Total Revenue | $62.0 - $67.0 | | Adjusted OIBDA | $7.5 - $11.5 | [Dividend Declaration](index=1&type=section&id=Dividend%20Declaration) On August 5, 2025, the Company declared a quarterly cash dividend of $0.03 per share, payable on August 29, 2025, to stockholders of record on August 15, 2025 - Declared a cash dividend of **$0.03 per share** (approximately **$2.8 million**) on common stock[5](index=5&type=chunk) - Dividend payable on **August 29, 2025**, to stockholders of record on **August 15, 2025**[5](index=5&type=chunk) [Detailed Financial Statements (GAAP)](index=5&type=section&id=Detailed%20Financial%20Statements%20%28GAAP%29) Presents unaudited condensed consolidated statements of income and selected balance sheet data, detailing financial performance and position [Condensed Consolidated Statements of Income](index=5&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Presents the unaudited consolidated statements of income for the three and six months ended June 26, 2025, and June 27, 2024, showing detailed revenue, operating expenses, and net loss figures Condensed Consolidated Statements of Income (Unaudited, $ in millions, except per share data) | Metric | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | REVENUE | $51.8 | $54.7 | $86.6 | $92.1 | | OPERATING EXPENSES: | | | | | | Network operating costs | 3.2 | 3.7 | 6.2 | 7.3 | | Theater exhibition fees | 30.9 | 26.7 | 52.6 | 49.2 | | Selling and marketing costs | 9.8 | 9.6 | 20.4 | 19.6 | | Administrative and other costs | 10.6 | 13.4 | 23.5 | 26.9 | | Depreciation expense | 1.1 | 1.1 | 2.2 | 2.2 | | Amortization expense | 8.2 | 9.5 | 17.6 | 18.9 | | Total Operating Expenses | 63.8 | 64.0 | 122.5 | 124.1 | | OPERATING LOSS | (12.0) | (9.3) | (35.9) | (32.0) | | CONSOLIDATED NET LOSS | (10.7) | (8.7) | (41.4) | (43.4) | | NET LOSS ATTRIBUTABLE TO NCM, INC. | $(10.7) | $(8.7) | $(41.4) | $(43.4) | | NET LOSS PER NCM, INC. COMMON SHARE Basic | $(0.11) | $(0.09) | $(0.44) | $(0.45) | | NET LOSS PER NCM, INC. COMMON SHARE Diluted | $(0.11) | $(0.09) | $(0.44) | $(0.45) | | WEIGHTED AVERAGE SHARES OUTSTANDING: Basic | 93,978,031 | 96,409,830 | 94,681,546 | 96,664,241 | | WEIGHTED AVERAGE SHARES OUTSTANDING: Diluted | 93,978,031 | 96,409,830 | 94,681,546 | 96,664,241 | [Selected Condensed Balance Sheet Data](index=5&type=section&id=Selected%20Condensed%20Balance%20Sheet%20Data) Presents selected unaudited condensed balance sheet data as of June 26, 2025, and December 26, 2024, highlighting key asset, liability, and equity figures Selected Condensed Balance Sheet Data (Unaudited, $ in millions) | Metric | As of June 26, 2025 | As of December 26, 2024 | | :------------------------------------------ | :------------------ | :---------------------- | | Cash, cash equivalents, marketable securities and restricted cash | $40.3 | $78.2 | | Receivables, net | $57.1 | $85.3 | | Property and equipment, net | $16.7 | $16.4 | | Total assets | $462.0 | $568.6 | | Borrowings, gross | $— | $10.0 | | Total equity | $350.0 | $411.2 | | Total liabilities and equity | $462.0 | $568.6 | [Operating Data](index=6&type=section&id=Operating%20Data) Presents key operational metrics, including network and attendance data, along with detailed revenue breakout and per attendee metrics [Network and Attendance Metrics](index=6&type=section&id=Network%20and%20Attendance%20Metrics) Provides key operational metrics including total screens, ESA Party screens, total attendance, and capital expenditures for the three and six months ended June 26, 2025, and June 27, 2024 Operating Data (Unaudited) | Metric | June 26, 2025 | June 27, 2024 | | :------------------------------------ | :------------ | :------------ | | Total Screens (100% Digital) at Period End | 17,832 | 18,279 | | ESA Party Screens at Period End | 9,413 | 9,552 | | Metric | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Total Attendance for Period (in millions) | 115.3 | 92.8 | 187.7 | 168.6 | | ESA Party Attendance for Period (in millions) | 72.2 | 57.6 | 118.6 | 104.7 | | Capital Expenditures (in millions) | $2.0 | $1.0 | $2.9 | $2.3 | [Revenue Breakout and Per Attendee Data](index=6&type=section&id=Revenue%20Breakout%20and%20Per%20Attendee%20Data) Details revenue segmentation into national, local/regional, and beverage concessionaire agreements, along with corresponding revenue per attendee metrics Revenue Breakout (Unaudited, $ in millions) | Revenue Type | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | National advertising revenue | $41.2 | $41.7 | $68.6 | $71.2 | | Local and regional advertising revenue | $6.4 | $9.8 | $11.2 | $15.0 | | ESA Party advertising revenue from beverage concessionaire agreements | $4.2 | $3.2 | $6.8 | $5.9 | | Total revenue | $51.8 | $54.7 | $86.6 | $92.1 | Per Attendee Data (Unaudited) | Per Attendee Metric | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | National advertising revenue per attendee | $0.357 | $0.449 | $0.365 | $0.422 | | Local and regional advertising revenue per attendee | $0.056 | $0.106 | $0.060 | $0.089 | | Total advertising revenue (excluding beverage) per attendee | $0.413 | $0.555 | $0.425 | $0.511 | | Total revenue per attendee | $0.449 | $0.589 | $0.461 | $0.546 | | Total attendance (in millions) | 115.3 | 92.8 | 187.7 | 168.6 | [Non-GAAP Financial Measures & Reconciliations](index=4&type=section&id=Non-GAAP%20Financial%20Measures%20%26%20Reconciliations) Defines and reconciles non-GAAP financial measures, including Adjusted OIBDA, Adjusted Net Loss, and Adjusted Loss Per Share, from their GAAP equivalents [Adjusted OIBDA Definition and Reconciliation](index=4&type=section&id=Adjusted%20OIBDA%20Definition%20and%20Reconciliation) Provides the definition of Adjusted OIBDA, its purpose for management and investors, limitations, and a detailed reconciliation from operating loss for the reported periods - Adjusted OIBDA is a non-GAAP measure representing operating income before depreciation and amortization, adjusted to also exclude non-cash share-based payment costs, workforce reorganization costs, system optimization costs, satellite transition costs, and advisor fees related to the Cineworld proceeding and Chapter 11 case[26](index=26&type=chunk) - Management uses Adjusted OIBDA to evaluate operating performance, forecast future results, and as a basis for compensation, believing it highlights trends in core business by eliminating less relevant items[26](index=26&type=chunk)[27](index=27&type=chunk) Reconciliation of Operating Loss to Adjusted OIBDA (Unaudited, $ in millions) | Metric | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Operating loss | $(12.0) | $(9.3) | $(35.9) | $(32.0) | | Depreciation expense | 1.1 | 1.1 | 2.2 | 2.2 | | Amortization expense | 8.2 | 9.5 | 17.6 | 18.9 | | Share-based compensation costs | 2.9 | 3.5 | 5.6 | 6.1 | | Workforce reorganization costs | 0.3 | 1.4 | 0.3 | 2.9 | | System optimization costs | 0.1 | — | 0.3 | — | | Satellite transition costs | — | 0.3 | — | 0.3 | | Fees and expenses related to Cineworld proceeding and Chapter 11 case | 0.1 | 1.1 | 1.6 | 3.5 | | Adjusted OIBDA | $0.7 | $7.6 | $(8.3) | $1.9 | | Adjusted OIBDA margin | 1.4% | 13.9% | (9.6)% | 2.1% | [Adjusted Net Loss and Loss Per Share Definition and Reconciliation](index=8&type=section&id=Adjusted%20Net%20Loss%20and%20Loss%20Per%20Share%20Definition%20and%20Reconciliation) Defines Adjusted net loss and loss per share as non-GAAP measures, explaining their exclusion of specific non-recurring costs and their reconciliation from GAAP net loss and loss per share - Adjusted net loss and loss per share are non-GAAP measures that exclude workforce reorganization costs, system optimization costs, satellite transition costs, advisor fees related to the Cineworld proceeding and Chapter 11 case, and loss on re-measurement of the payable under the tax receivable agreement[32](index=32&type=chunk) - Management uses these measures as an additional tool to evaluate operating performance, highlighting trends in the core business by eliminating items with less bearing on performance[32](index=32&type=chunk) Reconciliation of Net Loss and Loss Per Share to Adjusted Net Loss and Loss Per Share (Unaudited, $ in millions, except per share data) | Metric | Three Months Ended June 26, 2025 | Three Months Ended June 27, 2024 | Six Months Ended June 26, 2025 | Six Months Ended June 27, 2024 | | :------------------------------------------ | :------------------------------- | :------------------------------- | :----------------------------- | :----------------------------- | | Net Loss as reported | $(10.7) | $(8.7) | $(41.4) | $(43.4) | | Workforce reorganization costs | 0.3 | 1.4 | 0.3 | 2.9 | | System optimization costs | 0.1 | — | 0.3 | — | | Satellite transitions costs | — | 0.3 | — | 0.3 | | Fees and expenses related to the Cineworld proceeding and Chapter 11 case | 0.1 | 1.1 | 1.6 | 3.5 | | (Gain) loss on re-measurement of the payable under the tax receivable agreement | (0.8) | — | 4.6 | 12.2 | | Net effect of adjusting items | $(0.3) | $2.8 | $6.8 | $18.9 | | Net loss excluding adjusting items | $(11.0) | $(5.9) | $(34.6) | $(24.5) | | Diluted loss per share as reported | $(0.11) | $(0.09) | $(0.44) | $(0.45) | | Net effect of adjusting items (per share) | 0.00 | 0.03 | 0.07 | 0.20 | | Diluted loss per share excluding adjusting items | $(0.11) | $(0.06) | $(0.37) | $(0.25) | [Additional Information](index=2&type=section&id=Additional%20Information) Provides conference call details, an overview of National CineMedia, cautionary forward-looking statements, and investor and media contact information [Conference Call Details](index=2&type=section&id=Conference%20Call%20Details) Information regarding the conference call and audio webcast for investors and analysts on August 5, 2025, including access details and replay availability - Company to host a conference call and audio webcast on **August 5, 2025**, at **5:00 P.M. Eastern Time**[7](index=7&type=chunk) - Live call access via dialing **1-844-826-3033 (US)** or **1-412-317-5185 (International)**, with webcast available at **www.ncm.com** under Investor Relations[7](index=7&type=chunk) - Replay of the conference call will be available until **midnight Eastern Time, August 19, 2025**[8](index=8&type=chunk) [About National CineMedia, Inc.](index=2&type=section&id=About%20National%20CineMedia%2C%20Inc.) National CineMedia, Inc. is the largest cinema advertising platform in the U.S., connecting brands with young, diverse audiences across over 17,500 screens in 1,350+ theaters, including major national chains - National CineMedia, Inc. (NCM) is the **largest cinema advertising platform in the U.S.**[9](index=9&type=chunk) - Connects brands to sought-after young, diverse audiences through movies and pop culture, offering a **premium video, full-funnel marketing solution**[9](index=9&type=chunk) - NCM's Noovie® Show is presented exclusively in **42 leading national and regional theater circuits**, including AMC, Cinemark, and Regal, across more than **17,500 screens** in over **1,350 theaters** in **184 Designated Market Areas®**[9](index=9&type=chunk) [Forward-Looking Statements](index=2&type=section&id=Forward-Looking%20Statements) This section contains cautionary statements regarding forward-looking information, highlighting various risks and uncertainties that could cause actual results to differ materially from expectations, such as theater attendance, film availability, competition, economic conditions, and regulatory changes - This press release contains **forward-looking statements** reflecting management's current expectations or beliefs regarding future events, including anticipated future financial performance[10](index=10&type=chunk) - Investors are cautioned that reliance on these statements involves **risks and uncertainties**, and actual results could differ materially due to factors like theater attendance, film availability, competition, economic conditions, and regulatory changes[10](index=10&type=chunk) - The Company undertakes **no obligation to update** any forward-looking statement, except as required by law[11](index=11&type=chunk) [Investor and Media Contacts](index=4&type=section&id=Investor%20and%20Media%20Contacts) Provides contact information for investor relations and media inquiries Investor and Media Contacts | Role | Contact Person | Email | | :---------- | :------------- | :------------ | | INVESTOR | Chan Park | investors@ncm.com | | MEDIA | Doug Serton | press@ncm.com |

Core Viewpoint - National CineMedia (NCMI) is expected to report a year-over-year decline in earnings despite higher revenues for the quarter ended June 2025, with a consensus outlook indicating a loss of $0.10 per share, reflecting an 11.1% decrease from the previous year, while revenues are projected to be $56.37 million, up 3.1% year-over-year [1][3]. Earnings Expectations - The upcoming earnings report is anticipated to be released on August 5, and the stock price may increase if the actual results exceed expectations, while a miss could lead to a decline [2]. - The consensus EPS estimate has been revised 13.33% higher in the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative Earnings ESP reading indicates the likely deviation of actual earnings from the consensus estimate, with a positive reading being a strong predictor of an earnings beat [8][10]. - For National CineMedia, the Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -5.00%, combined with a Zacks Rank of 5, making it difficult to predict an earnings beat [12]. Historical Performance - In the last reported quarter, National CineMedia was expected to post a loss of $0.20 per share but actually reported a loss of $0.24, resulting in a surprise of -20.00% [13]. - Over the last four quarters, the company has only beaten consensus EPS estimates once [14]. Industry Comparison - Stagwell (STGW), another player in the advertising and marketing industry, is expected to report earnings per share of $0.18 for the same quarter, reflecting a year-over-year increase of 28.6%, with revenues projected at $697.25 million, up 3.9% [18][19]. - Stagwell's consensus EPS estimate has remained unchanged over the last 30 days, but it has an Earnings ESP of -14.29%, indicating challenges in predicting an earnings beat [20].

Investor Presentation te diff EXPERIENCE IT IN TOM HARDY EVERYONE DESERVES A CHANCE TO FLY EXCLUSIVELY IN MOVIE THEATERS OCIOBER FANKS GIVING WILL NEVER LET GO Investor Presentation | August 2024 BBRILBIUICE BBINGBINGS we get audiences Forward-Looking Statements This presentation contains various forward-looking statements that reflect management's current expectations or beliefs regarding future events and results of operations, including statements concerning the ultimate impact of the restructuring on th ...

INVESTOR DAY 2025 · NYC NCM Forward-Looking Statements The following presentations contain various forward-looking statements that reflect management's current expectations or beliefs reqarding future events, including statements regarding the Company's anticipated future financial performance. Investors are cautioned that reliance on these forward-looking statements involves risks and uncertainties. Although the Company believes that the assumptions used in the forward-looking statements are reasonable, ny ...

1Q'25 Earnings Supplemental Presentation May 6, 2025 This presentation contains references to Non-GAAP financial measures including adjusted OIBDA, unlevered free cash flow and adjusted operating expense. A reconciliation of these measures is available in this presentation and on the investor page of the Company's website at www.ncm.com. 2 Forward-Looking Statements This presentation contains various forward-looking statements that reflect management's current expectations or beliefs regarding future events ...

Core Insights - National CineMedia (NCMI) reported revenue of $34.9 million for the quarter ended March 2025, reflecting a year-over-year increase of 0.3% and a surprise of +1.16% over the Zacks Consensus Estimate of $34.5 million [1] - The company posted an EPS of -$0.24, which is a decline from -$0.19 a year ago, resulting in an EPS surprise of -20.00% compared to the consensus estimate of -$0.20 [1] Revenue Breakdown - Local and regional advertising revenue was $4.90 million, below the estimated $5.05 million, representing a year-over-year decline of -7.6% [4] - National advertising revenue reached $27.40 million, exceeding the average estimate of $26.70 million, but still showing a year-over-year decrease of -7.1% [4] - Total advertising revenue (excluding beverage) was reported at $32.30 million, surpassing the two-analyst average estimate of $31.90 million, with a year-over-year change of -7.2% [4] - ESA advertising revenue from beverage concessionaire agreements was $2.60 million, slightly below the average estimate of $2.75 million, with no year-over-year change [4] Stock Performance - Shares of National CineMedia have returned -2.4% over the past month, contrasting with the Zacks S&P 500 composite's +11.5% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating potential performance in line with the broader market in the near term [3]