Quarterly ResultMay 12, 2026, 04:14 PM
National CineMedia Q1 Revenue $34M; $11M Annualized Cost Savings
AI Summary
National CineMedia reported Q1 2026 results with total revenue of $34.0 million, a 2.6% decrease year-over-year, and an improved net loss of $28.6 million. The company announced an operational transformation aiming for $11.0 million in annualized cost savings, supported by AI-driven efficiencies. A cash dividend of $0.03 per share was declared, and the company provided a Q2 2026 revenue outlook of $57.0 million to $63.0 million. Additionally, all proposals at the Annual Meeting, including director elections, executive compensation, and auditor ratification, were approved.
Key Highlights
- Operational transformation targets $11.0 million in annualized cost savings.
- Q1 2026 total revenue decreased 2.6% to $34.0 million from $34.9 million YoY.
- Q1 2026 net loss improved to $28.6 million ($0.31/share) from $30.7 million ($0.32/share) YoY.
- Q1 2026 Adjusted OIBDA was negative $10.5 million, compared to negative $9.0 million YoY.
- Declared a cash dividend of $0.03 per share, payable June 4, 2026.
- Q2 2026 revenue outlook is $57.0 million to $63.0 million.
- Q2 2026 Adjusted OIBDA outlook is $1.0 million to $5.0 million.
- All director nominees, executive compensation, and auditor ratified at Annual Meeting.