Earnings ·
NCMI reports Q3 net loss of $17.2M as revenue falls 3.2% to $61.4M; CEO Lesinski to retire
NCMINational CineMedia, Inc.
National CineMedia reported a fiscal third-quarter net loss of $17.2 million, or $0.18 per diluted share, compared to net income of $1.6 million in the prior-year period. Total revenue decreased 3.2% to $61.4 million from $63.4 million, driven by a decline in cinema advertising revenue despite the consolidation of Captivate results since September 18, 2026. Adjusted OIBDA fell to $3.3 million from $10.2 million. The company raised its 2026 operational transformation savings target to more than $7.5 million and provided fourth-quarter revenue guidance of $117.0 million to $124.0 million. CEO Tom Lesinski announced his retirement effective December 31, 2026, as part of a planned leadership transition. National CineMedia operates a leading premium video and digital out-of-home advertising platform in the U.S.