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Mar 28, 2024
National CineMedia Q1 2024 Earnings Report
National CineMedia reported strong first quarter results, demonstrating resilience with revenue increase and free cash flow generation.
Key Takeaways
National CineMedia's Q1 2024 revenue increased by 7.2% year-over-year to $37.4 million, marking the highest first quarter since the pandemic. The company's operating loss improved to $22.7 million, and it generated its highest free cash flow in the last 15 quarters.
Total revenue increased by 7.2% compared to the prior year.
Operating loss improved from $30.6 million to $22.7 million year-over-year.
Upfront revenue was up 16% and scatter revenue doubled year-over-year
The company generated its highest free cash flow in the last 15 quarters.
Revenue by Segment
Forward Guidance
The Company expects to earn total revenue of $49.5 million to $51.5 million, compared to NCM LLC’s total revenue for the second quarter 2023 of $64.4 million, and Adjusted OIBDA in the range of $3.5 million to $4.5 million for the second quarter of 2024, compared to NCM LLC’s Adjusted OIBDA for the second quarter 2023 of $12.5 million.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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