CENTENNIAL, Colo. (AP) — CENTENNIAL, Colo. (AP) — National CineMedia Inc. (NCMI) on Tuesday reported a loss of $3.6 million in its third quarter.
The Centennial, Colorado-based company said it had a loss of 4 cents per share.
The results did not meet Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for a loss of 3 cents per share.
The theater advertising company posted revenue of $62.4 million in the period, surpassing Street forecasts. Three analysts surveyed by Zacks expected $58.2 million.
For the current quarter ending in December, National CineMedia said it expects revenue in the range of $82 million to $86 million.
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