04:41 PM EDT, 03/18/2024 (MT Newswires) -- National CineMedia ( NCMI ) reported Q4 net income Monday of $0.24 per diluted share, down from $0.60 a year earlier.

Three analysts polled by Capital IQ expected $0.11.

Revenue for the quarter ended Dec. 28 was $90.9 million, down from $91.7 million a year earlier. Four analysts surveyed by Capital IQ expected $81.1 million.

The company expects Q1 revenue in the range of $34.5 million to $35.5 million. Four analysts polled by Capital IQ expect $32.5 million.

National CineMedia's ( NCMI ) board approved a share repurchase of up to $100 million through April 1, 2027, the company said separately.

Shares of the company were up 10% in after-hours activity.

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