Business Wire·Nov 10, 2026, 4:05 PM ET

National CineMedia, Inc. Reports Results for Fiscal Third Quarter 2026

NCMI AMC CNK

National CineMedia completed the acquisition of Captivate, creating a combined network of approximately 48,000 digital screens across movie theaters, office buildings, and residential properties.
The company raised its 2026 operational transformation savings target to more than $7.5 million due to progress on cost-savings initiatives & operational efficiencies.
Total revenue for the third quarter ended October 1, 2026, decreased 3.2% to $61.4 million, while operating loss increased to $21.6 million.
Net loss for the third quarter increased to $17.2 million ($0.18 per diluted share) compared to a net income of $1.6 million in the prior year period.
Adjusted OIBDA for the third quarter decreased to $3.3 million from $10.2 million in the prior year period.
Total revenue for the nine months ended October 1, 2026, increased 2.5% to $153.8 million, though the operating loss widened to $61.3 million.
Net loss for the nine months increased to $55.8 million ($0.60 per diluted share) compared to a loss of $39.9 million in the prior year period.
CEO Tom Lesinski announced his retirement as part of a planned leadership transition, with an anticipated departure date of December 31, 2026.
The Board of Directors has retained Korn Ferry to assist with the search for the Company's next Chief Executive Officer.
The company provided a fourth quarter 2026 revenue outlook of $117.0 million to $124.0 million & expects Adjusted OIBDA between $42.0 million & $48.0 million.
Captivate results were consolidated into financial statements as of September 18, 2026, the date of the acquisition.
A conference call & audio webcast with investors is scheduled for November 10, 2026, at 5:00 P.M. Eastern Time.