National CineMedia (NCMI) earnings call transcripts

Management framed Captivate as a complementary growth platform that diversifies NCM beyond cinema while extending its sales, local and programmatic capabilities.

Management framed Q1 as seasonally and calendar-affected, while emphasizing healthy advertiser demand, Q2 momentum, and cost restructuring to fund growth.

Management framed 2025 as a platform and demand recovery, with premium inventory and a stronger film slate supporting growth despite uneven box office performance.

Management framed Q3 as a demand rebound after tariff-related pullbacks, with stronger monetization offsetting weaker attendance and momentum carrying into Q4.