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]

National CineMedia (NCMI) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.20. This compares to loss of $0.19 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of -20%. A quarter ago, it was expected that this theater advertising company would post earnings of $0.20 per share when it actually produced earnings of $0.26, delivering a surprise of 30%. Over the last four quarters, ...

National CineMedia (NCMI) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Company Participants Chan Park - SVP - FinanceThomas Lesinski - CEORonnie Ng - CFOEric Wold - Executive Director, Equity ResearchPatrick Sholl - Vice President Conference Call Participants Mike Hickey - Equity Research Analyst Operator Good day and welcome to the National CineMedia Inc. First Quarter twenty twenty five Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over ...

National CineMedia (NCMI) Q1 2025 Earnings Call May 06, 2025 05:00 PM ET Speaker0 Good day and welcome to the National CineMedia Inc. First Quarter twenty twenty five Earnings Conference Call. Today's conference is being recorded. At this time, I would like to turn the conference over to Chan Park, Senior Vice President of Finance. Speaker1 Thank you, operator, and good afternoon. I'm joined today by our Chief Executive Officer, Tom Lisinski and our Chief Financial Officer, Ronnie Ng. I would like to remind ...

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 March 27, 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 ...

Financial Performance - Total revenue for Q1 2025 decreased by 6.7% to $34.9 million compared to $37.4 million in Q1 2024[3] - Operating loss increased to $23.9 million, or negative $0.32 per diluted share, for Q1 2025, compared to a loss of $22.7 million, or negative $0.36 per diluted share, in Q1 2024[3] - Adjusted OIBDA for Q1 2025 was negative $9.0 million, worsening from negative $5.7 million in Q1 2024[3] - Total revenue for the quarter ended March 27, 2025, was $34.9 million, a decrease of 6.7% from $37.4 million in the same quarter of the previous year[22] - Adjusted OIBDA for the quarter was $(9.0) million, compared to $(5.7) million in the prior year, indicating a worsening of 57.9%[22] - The operating loss increased to $(23.9) million from $(22.7) million, a rise of 5.3% year-over-year[22] - Loss per share (diluted) was $(0.32), slightly improved from $(0.36) in the same quarter last year[22] - Adjusted loss per share (diluted) was $(0.24), compared to $(0.19) in the prior year, indicating a deterioration of 26.3%[22] Attendance and Screen Count - Total attendance for Q1 2025 was 72.3 million, down from 75.8 million in Q1 2024[19] - Total attendance decreased to 72.3 million from 75.8 million, representing a decline of 7.3%[22] - The number of total screens at the end of Q1 2025 was 17,875, a decrease from 18,297 screens in Q1 2024[19] Cash and Assets - Cash, cash equivalents, and marketable securities decreased to $63.1 million as of March 27, 2025, from $78.2 million at the end of 2024[17] - Total assets decreased to $503.8 million as of March 27, 2025, down from $568.6 million at the end of 2024[17] Advertising Revenue - Total advertising revenue (excluding beverage) was $32.3 million, down from $34.8 million, reflecting a decline of 7.2% year-over-year[22] - National advertising revenue per attendee was $0.379, down from $0.389, a decrease of 2.6%[22] - Local and regional advertising revenue per attendee was $0.068, down from $0.070, reflecting a decline of 2.9%[22] Future Expectations - For Q2 2025, the company expects total revenue between $56.0 million and $61.0 million, with Adjusted OIBDA ranging from $2.5 million to $7.5 million[5] Strategic Partnerships - A new long-term agreement with AMC Theatres extends the partnership through 2042, aligning payment structures with performance metrics[6] Dividend Declaration - The company declared a cash dividend of $0.03 per share, totaling approximately $2.8 million, to be paid on May 30, 2025[4]

National CineMedia (NCMI) Q4 2024 Earnings Call March 14, 2025 08:26 AM ET Company Participants Chan Park - VP - FinanceThomas Lesinski - CEORonnie Ng - CFOPatrick Sholl - Vice President Conference Call Participants Mike Hickey - Equity Research Analyst Operator Good day, and welcome to the National Synimedia Incorporated Fourth Quarter twenty twenty four Earnings Conference Call. All participants will be in a listen only mode. Please note this event is being recorded. I would now like to turn the conferenc ...

Financial Data and Key Metrics Changes - For Q4 2024, National CineMedia, Inc. reported revenue of $86.3 million, slightly exceeding the guidance of $82 million to $86 million, but down from $90.9 million in Q4 2023 [22][33] - Adjusted OIBDA for Q4 2024 was $35 million, surpassing the guidance range of $28 to $30 million, compared to $39.8 million in the prior year [22][38] - Full-year 2024 revenue was $240.8 million, down from $259.8 million in 2023, with adjusted OIBDA of $45.7 million compared to $52.7 million in 2023 [24][39] Business Line Data and Key Metrics Changes - National advertising revenue for Q4 2024 decreased to $69.2 million from $71.9 million in Q4 2023, while local and regional advertising revenue fell to $13.5 million from $16.2 million [33] - The fourth quarter saw attendance of 101 million, driven by new titles, with full-year attendance at 390.7 million, reflecting a decline of 11% year over year [24][40] Market Data and Key Metrics Changes - The total domestic box office for Q4 2024 reached approximately $2.4 billion, a 26% increase year over year, with the full-year box office totaling $8.6 billion [12][15] - The audience demographic remains strong, with Gen Z and Millennials accounting for 69% of total viewership in Q4 2024 [17] Company Strategy and Development Direction - The company is focusing on advertising growth, leveraging its NCMx data intelligence platform to enhance audience engagement and drive measurable results for advertisers [28][29] - National CineMedia, Inc. plans to continue investing in client solutions, including programmatic and self-serve advertising, to drive revenue growth in the coming years [31][50] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the cinema industry's recovery, particularly in Q2 2025, despite expecting a softer performance in Q1 due to a weaker film slate and advertising market headwinds [30][48] - The company anticipates a strong film slate for 2025, with several high-profile releases expected to drive attendance and revenue growth [51] Other Important Information - The company closed a new revolving facility with US Bank, reducing its cost of debt and annual interest expense, and has no outstanding long-term debt as of now [44][45] - National CineMedia, Inc. has repurchased 2.5 million shares for $13.4 million as part of its $100 million share repurchase program [45] Q&A Session Summary Question: Expectations on advertising headwinds - Management indicated that the pacing for Q2 looks encouraging compared to last year, with optimism for the second half of the year [55][56] Question: KPI-based ad sales and advertiser retention - Management noted that half of the business is supported through NCMx, which is significant for advertiser retention and engagement [58] Question: Share of national advertisers still on the sidelines - Management acknowledged the need to calculate the percentage of pre-pandemic advertisers that have yet to return [63] Question: Attendance growth expectations for 2025 and 2026 - Management stated that attendance is the primary driver of revenue growth, with forecasts for 2025 and 2026 aligning with industry expectations [66][67] Question: Advertiser sentiment compared to prior years - Management reported positive sentiment among advertisers, with expectations for a better upfront season compared to the previous year [72][76] Question: Demand for premium screens and advertising - Management confirmed strong demand from advertisers for premium screens, which is expected to benefit the company [80] Question: Local and regional business growth - Management expressed optimism about the local and regional teams' potential for growth in 2025 and 2026, following reinvestment in sales resources [84]

For the quarter ended December 2024, National CineMedia (NCMI) reported revenue of $86.3 million, down 5.1% over the same period last year. EPS came in at $0.26, compared to $0.20 in the year-ago quarter.The reported revenue represents a surprise of +0.12% over the Zacks Consensus Estimate of $86.2 million. With the consensus EPS estimate being $0.20, the EPS surprise was +30.00%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall ...