National CineMedia (NCMI) Misses Q1 EPS by 3c

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Go back to National CineMedia (NCMI) Misses Q1 EPS by 3c

National CineMedia, Inc. Reports Results for Fiscal First Quarter 2017

May 4, 2017 4:06 PM EDT

Announces Quarterly Cash Dividend of $0.22 per Share

Updates Full Year 2017 Outlook

CENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, Inc. (NASDAQ: NCMI) (the Company), the managing member and owner of 39.3% of National CineMedia, LLC (NCM LLC), the operator of the largest in-theater digital media network in North America, today announced consolidated results for the fiscal first quarter ended March 30, 2017.

Total revenue for the first quarter ended March 30, 2017 decreased 5.6% to $71.9 million from $76.2 million for the comparable quarter last year. Adjusted OIBDA decreased 26.7% to $17.6 million for the first quarter of... More