Loading...
•
Jun 27, 2024
National CineMedia Q2 2024 Earnings Report
National CineMedia's financial performance was reported for Q2 2024, with revenue exceeding guidance and advertising revenue per attendee surpassing 2019 levels.
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.
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.
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
Loading earnings performance data...
Loading earnings reaction data...