Wedbush Cuts Price Target on National CineMedia (NCMI) Following Guide Down
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National CineMedia, Inc. Reports Results for Fiscal Second Quarter 2016
August 8, 2016 4:05 PM EDT
Announces Quarterly Cash Dividend of $0.22 Per Share
Updates
Full Year 2016 Outlook and Provides Third Quarter Outlook
CENTENNIAL, Colo.--(BUSINESS WIRE)-- National CineMedia, Inc. (NASDAQ: NCMI) (the Company), the managing member and owner of 43.6% of National CineMedia, LLC (NCM LLC), the operator of the largest in-theatre digital media network in North America, today announced consolidated results for the fiscal second quarter and six months ended June 30, 2016.
Total revenue for the second quarter ended June 30, 2016 decreased 5.0% to $115.4 million from $121.5 million for the comparable quarter last year.... More
