National CineMedia (NCMI) Misses Q2 EPS by 3c

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Go back to National CineMedia (NCMI) Misses Q2 EPS by 3c

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

August 7, 2017 4:05 PM EDT

Reaffirms 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 second quarter and six months ended June 29, 2017.

Total revenue for the second quarter ended June 29, 2017 decreased 15.9% to $97.1 million from $115.4 million for the comparable quarter last year. Adjusted OIBDA decreased 28.8% to $42.3 million for the second quarter of 2017 from $59.4 million for the second quarter of 2016.... More