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BRIEF-National Cinemedia Posts Q1 Loss Per Share Of $0.25

05/10/2021 17:10
BRIEF-National Cinemedia Posts Q1 Loss Per Share Of $0.25

- National Cinemedia Inc NCMI.O:

  • NATIONAL CINEMEDIA, INC. REPORTS RESULTS FOR FISCAL FIRST QUARTER 2021

  • Q1 LOSS PER SHARE $0.25

  • Q1 REVENUE FELL 91.7 PERCENT TO $5.4 MILLION

  • Q1 REVENUE ESTIMATE $13.1 MILLION -- REFINITIV IBES DATA

  • Q1 EARNINGS PER SHARE ESTIMATE $-0.18 -- REFINITIV IBES DATA

  • INCREASINGLY OPTIMISTIC GIVEN MANY POSITIVE SIGNS OF A CINEMA INDUSTRY REVIVAL

  • EXPECTS REVENUE TO BEGIN TO MEANINGFULLY INCREASE IN JUNE 2021, BUT IT IS EXPECTED TO REMAIN WELL BELOW PRE PANDEMIC LEVEL

Source text for Eikon: ID:nBw3cZtzJa

Further company coverage: NCMI.O


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