newsfilter
← Earnings
Earnings Releases·

National CineMedia, Inc. — Fiscal Third Quarter 2026 Earnings Summary

  • Q3 2026 revenue declined 3.2% to $61.4 million (vs. $63.4 million prior year), while operating loss widened to $21.6 million from $1.8 million; full-year revenue rose 2.5% to $153.8 million, though net loss increased to $55.8 million from $39.9 million.
  • The company raised its 2026 operational transformation savings target to over $7.5 million and issued Q4 2026 guidance of $117.0–$124.0 million revenue and $42.0–$48.0 million Adjusted OIBDA, citing strong holiday trends and demand for Captivate inventory.
  • Completed the acquisition of Captivate, consolidating results as of September 18, 2026, to create a combined network of ~48,000 screens; however, gross borrowings surged to $285.0 million from $12.0 million earlier in the year.
  • CEO Tom Lesinski announced his planned retirement effective December 31, 2026, with the Board engaging Korn Ferry to lead the search for a successor.
  • Significant financial impacts included $10.3 million in acquisition/integration costs for the quarter and a $36.4 million loss on re-measurement of the ESA tax receivable agreement payable.
Company
NATIONAL CINEMEDIA INC
Sector
Communication Services
Industry
Advertising Agencies