National CineMedia, Inc. Reports Results for Fiscal First Quarter 2021

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National CineMedia (NCMI) Misses Q1 EPS by 7c, Revenues Miss

May 10, 2021 4:41 PM EDT

National CineMedia (NASDAQ: NCMI) reported Q1 EPS of ($0.25), $0.07 worse than the analyst estimate of ($0.18). Revenue for the quarter came in at $5.4 million versus the consensus estimate of $13.12 million.

From the CEO

Commenting on the Companys first quarter 2021 operating results and liquidity preservation measures in response to the COVID-19 pandemic, NCM CEO Tom Lesinski said, Our Company and our world are continuing to slowly but steadily recovery from the effects of the COVID-19 pandemic, and there are many positive signs that were on our way to a revival of the cinema... More