National CineMedia (NCMI) Misses Q1 EPS by 3c

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National CineMedia, Inc. Reports Results for Fiscal First Quarter 2016

May 4, 2016 4:07 PM EDT

Announces Quarterly Cash Dividend of $0.22 per Share

Provides Second Quarter and Reaffirms 2016 Outlook

CENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, Inc. (NASDAQ: NCMI) (the Company), the managing member and owner of 43.6% of National CineMedia, LLC (NCM LLC), the operator of the largest in-theatre digital media network in North America, today announced consolidated results for the fiscal first quarter ended March 31, 2016.

Total revenue for the first quarter ended March 31, 2016 decreased 0.9% to $76.2 million from $76.9 million for the comparable quarter last year. Adjusted OIBDA decreased 13.4% to $24.0... More