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Sep 26, 2024

National CineMedia Q3 2024 Earnings Report

National CineMedia reported results for the fiscal third quarter of 2024, exceeding guidance with revenue of $62.4 million and scatter revenue up 35% year-over-year.

Key Takeaways

National CineMedia, Inc. announced its Q3 2024 results with a total revenue of $62.4 million. The company's operating loss decreased, and they are confident in capitalizing on momentum with a highly anticipated film slate for 2025.

NCM delivered its fourth consecutive quarter of consistent results.

Q3 2024 revenue reached $62.4 million.

Premium Platinum offering has more than doubled since last year.

Brands increasingly turn to NCM for incremental reach of highly valuable audiences.

Total Revenue
$62.4M
Previous year: $24.7M
+152.6%
EPS
-$0.04
Previous year: -$0.34
-88.2%
Total Attendance
121.6M
Adjusted OIBDA Margin
14.1%
Previous year: 16.2%
-13.0%
Gross Profit
$15.5M
Previous year: $1.3M
+1092.3%
Cash and Equivalents
$52.5M
Previous year: $23M
+128.3%
Free Cash Flow
-$2.6M
Previous year: -$27.4M
-90.5%
Total Assets
$526M
Previous year: $539M
-2.4%

National CineMedia

National CineMedia

National CineMedia Revenue by Segment

Forward Guidance

NCM LLC expects to earn total revenue of $82.0 million to $86.0 million, and Adjusted OIBDA in the range of $28.0 million to $30.0 million for the fourth quarter of 2024.