STOCK TITAN

National CineMedia, Inc. - NCMI STOCK NEWS

Welcome to our dedicated page for National CineMedia news (Ticker: NCMI), a resource for investors and traders seeking the latest updates and insights on National CineMedia stock.

National CineMedia, Inc. (NASDAQ: NCMI) is a leading cinema advertising network in the United States, profoundly influencing the moviegoing experience. As America's #1 weekend network, NCM reaches more than 700 million moviegoers annually through its extensive network. This network includes over 40 top national and regional theater circuits such as AMC Entertainment Inc. (NYSE: AMC), Cinemark Holdings, Inc. (NYSE: CNK), and Regal Entertainment Group (NYSE: RGC), presenting NCM's FirstLook pre-show on approximately 20,050 screens across 1,600 theaters in 187 designated market areas, covering 49 of the top 50 markets.

National CineMedia's core revenue stream comes from selling advertising to national, regional, and local businesses. The company leverages The Noovie Show, a cinema advertising and entertainment program that captivates audiences before the main feature. Additionally, NCM's Lobby Entertainment Network (LEN) features strategically-placed screens in theater lobbies, offering further avenues for advertisers to engage with an eager and attentive audience.

Beyond the big screen, NCM extends its reach into online and mobile marketing through NCM Digital. This platform allows advertisers to leverage in-theater campaigns into broader digital marketing programs, effectively targeting entertainment audiences across multiple platforms.

NCMI owns a 45.2% interest in, and serves as the managing member of, National CineMedia, LLC. This partnership underlines a robust business model that combines traditional and digital advertising strategies, ensuring comprehensive coverage and unmatched audience engagement.

For more detailed information about National CineMedia, Inc., its latest ventures, partnerships, and financial updates, visit their official website at www.ncm.com.

Rhea-AI Summary

National CineMedia (NCMI) reported Q3 2024 revenue of $62.4 million, a 10.3% decrease from $69.6 million in Q3 2023. Operating loss improved to $7.5 million from $150.7 million year-over-year. Adjusted OIBDA decreased to $8.8 million from $11.3 million. The company's scatter revenue grew 35% year-over-year, with premium Platinum offering more than doubling. For Q4 2024, NCM expects revenue between $82.0-86.0 million and Adjusted OIBDA of $28.0-30.0 million.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.33%
Tags
-
Rhea-AI Summary

National CineMedia (NASDAQ: NCMI), the operator of the largest cinema advertising platform in the U.S., announced it will release its third quarter 2024 earnings results after market close on November 5, 2024. The company will host a conference call and audio webcast at 5:00 p.m. Eastern Time. The call will be accessible via phone at (844) 481-2522 for domestic and (412) 317-0550 for international participants. A replay will be available until November 19, 2024, and can be accessed through the company's website or by phone.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.92%
Tags
-
Rhea-AI Summary

National CineMedia (NASDAQ: NCMI) reported its fiscal Q2 2024 results, with total revenue of $54.7 million, exceeding guidance but decreasing 15.1% year-over-year. The company's advertising revenue per attendee reached $0.56, the highest Q2 level since 2017. National advertising revenue per attendee increased by 37% year-over-year. Operating loss widened to $9.3 million from $2.2 million in Q2 2023. Adjusted OIBDA decreased to $7.6 million from $12.5 million in the same period last year.

For Q3 2024, NCM expects total revenue between $56.0 million to $58.0 million and Adjusted OIBDA in the range of $6.0 million to $8.0 million. The company remains confident in the box office's resurgence and its ability to capitalize on this momentum.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.63%
Tags
Rhea-AI Summary

National CineMedia, Inc. (NASDAQ: NCMI), the operator of the largest cinema advertising platform in the U.S., has announced its plans to release second quarter 2024 earnings results on August 5, 2024, after market close. The company will host a conference call and audio webcast at 5:00 p.m. Eastern Time to discuss the results.

Participants can join the conference call by dialing (877) 300-8521 (U.S.) or (412) 317-6026 (international). A live audio webcast will be available on the company's website. The replay of the conference call will be accessible until August 19, 2024, and an audio webcast replay will also be available on the website.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.16%
Tags
-
Rhea-AI Summary

National CineMedia (NASDAQ: NCMI), the largest cinema advertising platform in the US, has appointed Catherine Sullivan as President of Sales, Marketing, and Partnerships, effective May 16, 2024.

With over 30 years of experience in the media and advertising industry, Sullivan will lead the company's go-to-market strategy, reporting directly to CEO Tom Lesinski.

Her previous roles include CEO at PHD Media US and Chief Investment Officer at Omnicom Media Group. Current President Scott Felenstein will depart at the end of the quarter, aiding in the transition.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-15.33%
Tags
partnership management
-
Rhea-AI Summary

National CineMedia, Inc. (NASDAQ: NCMI) reported a 7.2% increase in total revenue for the first quarter of 2024 compared to the same period last year. The company saw improvements in operating loss, adjusted OIBDA, and net loss. While net loss per diluted share decreased, adjusted OIBDA and adjusted net loss are non-GAAP measures. The company announced an optimistic outlook for the second quarter of 2024, with expected total revenue of $49.5 million to $51.5 million and Adjusted OIBDA in the range of $3.5 million to $4.5 million. The company continues to focus on creating value for its shareholders through share repurchase programs and strong performance in the cinema advertising network.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.04%
Tags
Rhea-AI Summary

National CineMedia, Inc. (NASDAQ: NCMI) will release its first quarter 2024 earnings results on May 6, 2024. The company, managing National CineMedia, , the largest cinema advertising platform in the U.S., will host a conference call to discuss the results.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.37%
Tags
-
Rhea-AI Summary
National CineMedia (NCM) announces the winners of the 2024 US Young Lions competition, with a significant increase in participation. The winning teams will represent TEAM USA at the global Young Lions competition at the Cannes Lions International Festival of Creativity. The competition focused on creating innovative campaigns for the Young Lions Non-profit Partner, Gold House, and their A100 List. NCM also introduced the TEAM USA Advisors program to mentor the winners. The US Lions Community will be launched at Cannes Lions, offering networking and career growth opportunities for young creatives and industry leaders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.01%
Tags
none
-
Rhea-AI Summary
National CineMedia, Inc. (NCMI) announces record high revenue per attendee in Q4 2023, exceeding guidance with strong adjusted OIBDA. Launches $100 million share repurchase program. Q4 results show mixed performance with flat revenue, decrease in operating income, and adjusted OIBDA contraction. FY 2023 sees total revenue flat, operating loss, and adjusted OIBDA margin contraction. Q1 2024 outlook forecasts modest revenue and adjusted OIBDA. Company to host conference call on March 18, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
Rhea-AI Summary
National CineMedia, Inc. (NASDAQ: NCMI) announces a new $100 million share repurchase program to buy back common stock until April 1, 2027, using operating cash flow distributions. The Board and Management show confidence in the cinema advertising network's future, aiming to drive long-term shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.73%
Tags
buyback

FAQ

What is the current stock price of National CineMedia (NCMI)?

The current stock price of National CineMedia (NCMI) is $6.515 as of November 6, 2024.

What is the market cap of National CineMedia (NCMI)?

The market cap of National CineMedia (NCMI) is approximately 636.7M.

What is National CineMedia, Inc.?

National CineMedia, Inc. (NCMI) is America's leading cinema advertising network, reaching over 700 million moviegoers annually.

How does NCMI generate revenue?

NCMI generates revenue by selling advertising space to national, regional, and local businesses through The Noovie Show and other forms of in-theater and digital advertisements.

What is The Noovie Show?

The Noovie Show is NCM's cinema advertising and entertainment program, shown before the main feature in theaters across the U.S.

What is the Lobby Entertainment Network (LEN)?

LEN is a series of strategically-placed screens in theater lobbies that offer additional advertising opportunities beyond the big screen.

How does NCMI extend its in-theater campaigns beyond cinema?

NCMI uses NCM Digital to extend in-theater campaigns into online and mobile marketing programs, reaching entertainment audiences on multiple platforms.

Which theater chains are part of NCM's network?

NCM's network includes top theater chains like AMC Entertainment Inc., Cinemark Holdings, Inc., and Regal Entertainment Group.

How many screens and theaters does NCMI's network cover?

NCMI's network covers approximately 20,050 screens across 1,600 theaters in 187 designated market areas.

What percentage of National CineMedia, LLC does NCMI own?

NCMI owns a 45.2% interest in National CineMedia, LLC and is the managing member.

Where can I find more information about National CineMedia, Inc.?

You can find more information on National CineMedia, Inc.'s official website at www.ncm.com.

Is NCMI a publicly traded company?

Yes, National CineMedia, Inc. is publicly traded on NASDAQ under the symbol NCMI.

National CineMedia, Inc.

Nasdaq:NCMI

NCMI Rankings

NCMI Stock Data

636.75M
95.32M
4.94%
81.05%
6.11%
Advertising Agencies
Services-advertising
Link
United States of America
CENTENNIAL