National CineMedia reports Q1 EPS (32c) vs (36c) last year

Reports Q1 revenue $34.9M, consensus $34.3M. “NCM continues to position itself for future growth, with innovation across our advertising platform, an enhanced long-term partnership with AMC and a dominant position in cinema advertising,” said Tom Lesinski, CEO of NCM. “While the first quarter reflected seasonal softness and some near-term advertising market pressures, our results were in line with guidance and demonstrated the resilience of our business model. With a robust slate of films coming to theaters throughout the remainder of the year and continued momentum executing on our growth strategy, we are optimistic about the remainder of the year and committed to delivering sustainable long-term value to our shareholders.”