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Stock impact report

National CineMedia, Inc. Reports Results for Fiscal First Quarter 2024 [Yahoo! Finance]

National CineMedia, Inc. (NCMI) 
Last national cinemedia, inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.ncm.com/investor-relations
Company Research Source: Yahoo! Finance
CENTENNIAL, Colo., May 06, 2024 BUSINESS WIRE )--National CineMedia, Inc. (NASDAQ: NCMI) ("the Company" or "NCM"), the managing member and owner of 100.0% of National CineMedia, LLC (NCM LLC), the operator of the largest cinema advertising network reaching movie audiences in the U.S., today announced its consolidated results for the fiscal first quarter ended March 28, 2024. "The first quarter of 2024 yet again proved the resilience of our industry-leading platform with strong performance across both the upfront and scatter marketplaces," said Tom Lesinski, CEO of NCM. "Our revenue increased 7.2% compared to the prior period, representing the highest first quarter since the pandemic and demonstrating the continued appeal of our premium video advertising solutions. We generated our highest free cash flow in the last 15 quarters which, combined with our previously announced $100 million share repurchase program, provides us with several pathways to create value for our shareholders." Show less Read more
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