National Cinemedia Inc Stock Price, News & Analysis

National CineMedia, Inc. (NASDAQ: NCMI) will release its fiscal Q2 2021 earnings results on August 9, 2021, after market close. A conference call is scheduled for 5:00 p.m. ET to discuss these results. Interested parties can join by dialing (877) 300-8521 or (412) 317-6026 for international participants. The event will also be available via a live audio webcast on the company's Investor Relations website. The earnings release follows NCMI's position as the largest cinema advertising network in the U.S., owning 48.1% of National CineMedia, LLC.

National CineMedia (NCM) has announced an exclusive agreement with Harena Data to enhance esports advertising and content monetization. This partnership allows NCM to sell advertising on Harena Data’s esports content across various platforms, including movie theaters and streaming services. The initiative aims to engage the young demographic drawn to esports, aligning with NCM's audience of moviegoers. Both companies anticipate significant opportunities in expanding esports into theaters and other venues, tapping into a growing market that merges gaming with traditional cinema.

National CineMedia (NCM) has appointed Manu Singh as Senior Vice President of Strategic Insight & Analytics. In this role, she will oversee marketing, sales, and advertising research, leading the proprietary Behind The Screens community of over 5,000 movie fans from New York. Singh brings extensive experience from her previous roles at Knotel, Discovery, and WebMD. NCM aims to enhance audience engagement, particularly with younger theatergoers, as they transition from linear TV to cinema experiences.

National CineMedia (NCM) has partnered with Trooh to launch the Noovie On-Campus Digital Out Of Home (DOOH) advertising network targeting Gen Z consumers on over 600 college campuses across the U.S. The initiative seeks to connect local and regional brands with young moviegoers, utilizing dynamic HD digital screens to engage over 8.6 million students, generating approximately 573 million monthly impressions. This relationship aims to leverage high interaction rates, as 92% of students notice the screens, with 86% expressing purchase intent post-exposure, enhancing advertising effectiveness in campus environments.

National CineMedia, Inc. (NASDAQ: NCMI) revealed President Cliff Marks will retire on July 1, 2021, but will remain a consultant through his new firm, CMarksCo, LLC. Scott Felenstein has been promoted to President, Sales, Marketing & Partnerships, and will lead NCM's sales strategy. Mike Rosen steps into Felenstein's prior role as Executive Vice President & Chief Revenue Officer. CEO Tom Lesinski praised Marks' contributions to cinema advertising and expressed confidence in Felenstein and Rosen's capabilities to drive future revenue as the company navigates a recovering market.

National CineMedia, Inc. (NASDAQ: NCMI), owner of 48.1% of National CineMedia, LLC, the largest cinema advertising network in the U.S., will participate in the Barclays 2021 High Yield Bond & Syndicated Loan Conference virtually on May 25-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will hold one-on-one investor meetings on May 25. NCM connects brands with movie audiences through its extensive digital and cinema advertising network, showing ads on 20,600 screens across over 1,600 theaters nationwide.

National CineMedia, Inc. (NASDAQ: NCMI) will participate in the J.P. Morgan 49th Annual Global Technology, Media and Communications Conference from May 24-26, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will present on May 26 at 3:40 PM ET, followed by one-on-one investor meetings. NCM is the largest cinema advertising network in the U.S., managing a 48.1% stake in National CineMedia, LLC, and operating over 20,600 screens nationwide. Interested parties can access live webcasts and presentation materials on the Company’s Investor Relations website.

National CineMedia, Inc. (NASDAQ: NCMI), the largest cinema advertising network in the U.S., will participate in the Goldman Sachs 2021 Sixth Annual Leveraged Finance Conference on May 17, 2021. CEO Tom Lesinski and SVP Finance Ted Watson will conduct one-on-one investor meetings throughout the day. NCM owns 48.1% of National CineMedia, LLC, and operates the Noovie® pre-show across 53 theater circuits, reaching over 20,600 screens in 1,600 theaters. For more details, visit www.ncm.com.

National CineMedia (NCMI) reported a 91.7% decline in revenue for Q1 2021, totaling $5.4 million compared to $64.7 million in Q1 2020. Operating losses increased to $28.3 million, a 677.6% rise from the previous year. Adjusted OIBDA was -16.2 million. The company managed liquidity with a $50 million term loan, increasing cash reserves to $192.2 million. Partially offsetting challenges, 77% of theaters are re-opened as of May 2021. NCMI plans a $0.05 dividend for June, with hopes for recovery in cinema attendance.