National CineMedia Q2 2024 Earnings Report
Key Takeaways
National CineMedia, Inc. reported a total revenue of $54.7 million for the second quarter ended June 27, 2024. The advertising revenue per attendee reached $0.56, surpassing 2019 levels. However, the operating loss increased to $9.3 million, and the net loss was $8.7 million, or negative $0.09 per diluted share.
Total revenue for Q2 2024 was $54.7 million.
Advertising revenue per attendee reached $0.56, exceeding 2019 levels.
Operating loss increased to $9.3 million for Q2 2024.
Net loss for Q2 2024 was $8.7 million, or negative $0.09 per diluted share.
National CineMedia
National CineMedia
National CineMedia Revenue by Segment
Forward Guidance
NCM LLC expects to earn total revenue of $56.0 million to $58.0 million for Q3 2024, compared to $69.6 million for Q3 2023. Adjusted OIBDA is expected to be in the range of $6.0 million to $8.0 million for Q3 2024, compared to $11.3 million for Q3 2023.