Overview

* National CineMedia ( NCMI ) Q3 revenue rose 1.6% yr/yr, but misses estimates

* Net income for Q3 improved to $1.6 mln from a loss last year

* Company achieved highest Q3 national ad revenue per attendee in five years

Outlook

* Company expects Q4 2025 revenue of $91 mln to $98 mln

* Company anticipates Q4 2025 Adjusted OIBDA of $30 mln to $35 mln

* Renewed advertiser confidence and upcoming releases to bolster Q4 results

Result Drivers

* ADVERTISING REVENUE - Achieved highest Q3 national advertising revenue per attendee in five years, driven by effective sales efforts

* INVENTORY UTILIZATION - Profitability increase attributed to higher inventory utilization

* ADVERTISER DEMAND - Rebound in advertiser demand across key categories outpaced box office trends

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 $63.40 $64.39

Revenue mln mln (5

Analysts

)

Q3 EPS $0.02

Q3 Net $1.60

Income mln

Q3 -$1.80

Operatin mln

g Income

Q3 $1.60

Pretax mln

Profit

Analyst Coverage

* The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

* The average consensus recommendation for the advertising & marketing peer group is "buy"

* Wall Street's median 12-month price target for National Cinemedia Inc ( NCMI ) is $7.00, about 40.9% above its October 29 closing price of $4.14

Press Release:

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)