Patrick Sholl

Eric Wold

Michael Hickey

Alicia Reese

Mike Hickey

- National CineMedia Inc. (NCMI) reported **Q3 2025 total revenue of $63.4 million**, a **2% year-over-year increase**, and **adjusted EBITDA of $10.2 million**, exceeding the prior year's $8.8 million.  **[0001377630_2218350_1]** **[0001377630_2218350_4]** **[0001377630_2218350_5]** 
- The company experienced a **rebound in advertiser demand** across key categories, with **national advertising revenue up 6.6%** to **$49.9 million**.  **[0001377630_2218350_1]** **[0001377630_2218350_4]**  Programmatic revenue was approximately **four times higher** than last year, marking its strongest quarter ever.  **[0001377630_2218350_1]** 
- NCMI provided **Q4 2025 guidance**, projecting total revenue between **$91 million and $98 million** and adjusted EBITDA between **$30 million and $35 million**.  **[0001377630_2218350_6]** 
- The company reinstated a **quarterly dividend of $0.03 per share** for Q3 2025, payable on November 26, 2025.  **[0001377630_2218350_5]**  Year-to-date through September 25, 2025, NCMI repurchased **3.3 million shares** for approximately **$18.8 million**.  **[0001377630_2218350_5]**

National CineMedia Inc. Reports Q3 2025 Results and Provides Q4 2025 Guidance

- National CineMedia, Inc. reported **total revenue of $63.4 million** for the fiscal third quarter ended September 25, 2025, an increase of **1.6%** compared to the same period in 2024.  **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:1]** **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:5]** 
- The company achieved **net income of $1.6 million**, or **$0.02 per diluted share**, for Q3 2025, a significant improvement from a net loss of $3.6 million, or $0.04 per diluted share, in Q3 2024.  **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:1]** **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:5]** 
- **Adjusted OIBDA increased to $10.2 million** for Q3 2025, up from $8.8 million in Q3 2024, driven by higher inventory utilization and rebounding advertiser demand.  **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:0]** **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:1]** **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:6]** 
- A **cash dividend of $0.03 per share** was declared on October 30, 2025, payable on November 26, 2025, to stockholders of record on November 10, 2025.  **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:1]** 
- For the fourth quarter of 2025, NCM LLC expects **total revenue of $91.0 million to $98.0 million** and **Adjusted OIBDA in the range of $30.0 million to $35.0 million**.  **[1377630_0001193125-25-258533_ncmi-ex99_1.htm:1]**

National CineMedia (NCMI)