The earnings call presented a mixed picture. While there were notable achievements such as significant growth in programmatic advertising and a strong third-quarter outlook, the company faced challenges with a revenue decline and economic uncertainties impacting advertising budgets. Despite these challenges, the strategic initiatives and strong start to the third quarter provide an optimistic view for the remainder of the year.

Company Guidance -

Q3 2025

During the National CineMedia (NCM) second quarter 2025 earnings call, guidance was provided with a focus on improving third-quarter performance through increased ad sales commitments, which are pacing ahead of last year. The company anticipates third-quarter revenue to be between $62 million and $67 million, with adjusted OIBDA expected in the range of $7.5 million to $11.5 million. This optimism is driven by strong box office momentum, improved advertiser commitment, and sustained theatrical strength. NCM is also expanding its programmatic offerings, with programmatic advertiser volume growing by over 50% quarter-over-quarter. Additionally, the self-serve platform saw a revenue increase of more than 30% year-over-year. The company plans to triple its programmatic footprint by year-end and enhance local market sales capabilities to maximize advertising recovery. Looking ahead, NCM expects continued box office momentum throughout 2025, supported by a robust film slate, including anticipated releases like Wicked for Good and Avatar: Fire & Ash, which are expected to drive box office reacceleration during the holiday season.

Programmatic Advertising Growth

Programmatic advertiser volume grew by more than 50% quarter-over-quarter with approximately 70% of second quarter programmatic advertisers new to NCM. The company expects to triple its programmatic footprint by year-end.

Self-Serve Platform Revenue Increase

The self-serve platform saw a revenue increase of more than 30% year-over-year, indicating strong adoption heading into the second half of 2025.

Significant Audience Reach

NCM reached over 115 million individuals across its network in the second quarter, up 24% compared with the second quarter of '24.

Improved Third Quarter Outlook

Ad sales commitments for the third quarter are pacing ahead of last year's levels, with improved visibility into the pipeline.

New Advertisers and Campaign Success

NCM welcomed 12 new advertisers that placed major cinema campaigns for the first time since the pandemic. A national telecom brand executed a successful campaign using NCM's new product, resulting in double-digit gains in foot traffic.

Share Repurchase Program

Year-to-date, NCM has repurchased 3.3 million shares at an average price per share of $5.78, totaling approximately $18.8 million.

National Cinemedia (NCMI) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

NCMI Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Nov 10, 2025	2025 (Q3)	-0.02 / -	-0.04	―	―	―
Aug 05, 2025	2025 (Q2)	-0.11 / -0.11	-0.09	-22.22% (-0.02)	―
May 06, 2025	2025 (Q1)	-0.21 / -0.32	-0.36	11.11% (+0.04)
Mar 06, 2025	2024 (Q4)	0.18 / 0.26	0.24	8.33% (+0.02)
Nov 05, 2024	2024 (Q3)	-0.03 / -0.04	0.69	-105.80% (-0.73)
Aug 05, 2024	2024 (Q2)	-0.08 / -0.09	-1.38	93.48% (+1.29)
May 06, 2024	2024 (Q1)	-0.12 / -0.36	-3.08	88.31% (+2.72)
Mar 18, 2024	2023 (Q4)	0.09 / 0.24	0.7	-65.71% (-0.46)
Nov 07, 2023	2023 (Q3)	-0.14 / 0.69	-1.3	153.08% (+1.99)
Aug 07, 2023	2023 (Q2)	-0.70 / -1.38	-0.1	-1280.00% (-1.28)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

NCMI Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 05, 2025	$4.54	$4.69	+3.30%
May 06, 2025	$5.76	$5.10	-11.46%
Mar 06, 2025	$6.28	$5.16	-17.83%
Nov 05, 2024	$7.22	$6.46	-10.53%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does National Cinemedia (NCMI) report earnings?

National Cinemedia (NCMI) is schdueled to report earning on Nov 10, 2025, After Close (Confirmed).

What is National Cinemedia (NCMI) earnings time?

National Cinemedia (NCMI) earnings time is at Nov 10, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is NCMI EPS forecast?

NCMI EPS forecast for the fiscal quarter 2025 (Q3) is -0.02.

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