Recent NCMI transcripts
Associated NCMI filings
| Ronnie Ng | CFO |
| Tom Lesinski | CEO |
| Eric Wold | B. Riley Securities |
00:05 Good day, and welcome to the National CineMedia, Inc. Q4 and Full-Year 2021 Earnings Conference Call. Today's conference is being recorded. 00:13 At this time, I'd like to turn the conference over to Mr. Ronnie Ng, CFO. sir. ahead, go Please
the conference Good Section XX:XX joined have remind are in I conference XXXX forward-looking statements entirety that you. factors the some disclosed in results XXA in our differ in expressly XX:XX to CEO, the Further, accordance Act the with SEC. of today All Securities filings discussion our expectations than important by Securities the call contained risks with today's through future Tom this reconciled impacts our the of Now, of within based be end statements the the are forward-looking our amounts such closest factors. contains their qualified at on includes discussion Lesinski. would amended of Exchange materially Act call of afternoon, turn Investor about Thank statements. communicated from Section XX:XX forward-looking of constitute today and will by company's found could measures of company's risk over facts call XXXX COVID-XX website and I'm may the as Tom. our at listeners Relations non-GAAP Regulation the reconciliations as GAAP ncm.com. meaning to measurement. the actual page XXE These the release statements other XX:XX These I can amended. we to or earnings G, like back to these during involve historical this All factors statements, including statements cause of of forward-looking that uncertainties,
X report marketplace through in we've business have the that I'm active productive successfully full-year 'XX challenges generated to as CineMedia pleased to for Welcome afternoon quarter been and for nearly navigated you, earnings a quarter first XX:XX our National adjusted has time good Thank positive Ronnie, X fourth everyone. and quarters. call. and It for years. XX:XX OIBDA unique impacted very the we our that
liquidity our the once strengthened to In position and addition, and are corner turn we've operationally growth. begun again for have positioned
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XX:XX everyone. quarter-over-quarter Thank finished a you, attendance continue Tom, growth accelerate from strong quarter. and good year on to CineMedia momentum fourth afternoon significant we monthly sequential and third the quarter. into experienced We National during note the quarter the the as the fourth
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a a share of $X.XX of share diluted XXXX. per GAAP $X.XX loss per For the full for diluted to compared reported year year XXXX, we the loss full
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cash increased of net of to LLC the million at the NCM of $XXX $XXX year $X.XX end XXXX of XXXX. Our to at at total compared the end debt million billion
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to intend quarterly we forward going provide guidance. However,
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XX:XX Thank you. [Operator Instructions].
We will take Securities. Riley Eric Please ahead. our with first go from Wold B. question
afternoon. was that time noted you calendar conference your that shaped X, or thoughts couple kind about the of XXXX XX:XX tracking QX you. direction? on where the Good of question, I of you of Can to an upfront us at thinking Thank call, XX% running the just 'XX that and A back guess, levels. update relative out
The originally is, XX:XX be. just important of find correlating upfront strong to is way forecasted thing box this. most the to of much very a still most Let we And it's than important how me sort the it sort frame office. the is, where to thing had
doing And pricing job point we're you we're box known this view. XX:XX are at of of where the very we with that box consistent company. a tracking look for office the a very year, If premium importantly, from office as XX% estimates the for good is maintaining very, a
very we're is upfront pleased how with going. the So
broadcast beginning month, really into year we know, have upfronts for literally year. As starting next the another quarter this which is the upfront you going calendar of and this fourth
said, the than are much the pretty upfront back participating more the So in or is advertiser [indiscernible]. all who things has XX been every major past being in different in with brands us upfront,
company country. an with that interest view. continued with the very with point was from still we happened we're rapidly whilst the we're lot upfront negotiating where acknowledging the and of Omicron happy upfront variant especially pretty of So are that running in we're the and COVID pleased a XX:XX upfront, So was pleased in our
you drill That's bit. XX:XX helpful. down Maybe Yeah. a could
in of beyond absolute willing kind commit number far itself? [indiscernible] their how components the are the of the for of down into be of to kind would in of placements upfront size of give drivers kind speak overall campaigns, a CPMs. relative versus an or kind that how just looking far May upfront to advance just of kind sense sort going advertisers I the of of pre-pandemic maybe size of of are that an of So terms dive to in advance you
mentioned the the As metric commitments periods of multiple prior have are an company we important XX:XX I advertising is over time. making as people quarter on most call,
far in better know, you a a upfront consumer it's is So, the advertiser indication year-long of as believe commitment. or platform. We interest our
those largely And make committing people mask changed was how the current to this of largely or to in a last decisions they upfront time. case So and when the making just lot while think indication COVID still year unknown basically in were were it's money while of the compared place much the month. about you It's that, put of willing on a impressive XX:XX mandates most pretty were that big upfront. really a a people in are money to ahead down
we've been pricing position in maintain category. to able of terms the premium our In pricing,
and Awards you the expensive we probably and to are NBA the Academy medium out CPM As Bowl the know, there. Eric, most Super next the is finals
on XX:XX fairly the basis we on levels. to the uncertainty to terms do you on of has But maintaining XXXX be imagine you upfront the office. kind aren't given we're upfront. been box amounts, In based think given kinds of to which percentages providing difficult levels dollar we've the happy specific can So those can up where the that calculate of that information of I the lines
visibility then upfront. obviously XX:XX just And good got Got it. question, final into you've the
pop is up movement and at just the all really that guidance of providing see just so You to The the main kind loosen could some that slate sales safety there around starting around speak to or net, upfront? around uncertainty to got annual that demand of kind of that. is hold so speak even some baseline scatter COVID uncertainty on reconfigured from they've up and of around force to
is nothing market. now really, I scatter affecting the There related right COVID XX:XX that's would say,
like of is market certain the now as in war. than like companies the recently what's big chain, issues scatter the things supply right affecting think anything I and the general, car more even inventory advertisers that as have the economy impact
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how outlook we've So us behind better be of how and it's we've indication another but come for far next I think and got got QX we're QX. gone in market QX looks a far quarter everybody, pleased will into scatter with quarter so when the
it. Got Thank XX:XX you.
Sure. XX:XX
question from Goss XX:XX We'll our Barrington Jim with take next Thank you. Research.
well new was XX:XX could about, then just I where [indiscernible] that platform. (ph) is made terms mentioned And you versus they [indiscernible] be attracting kind Hi, maybe this others supply the are to less performing other of in I crypto. might is through if of know on wondering pre-pandemic guess, categories talk advertisers still you I were challenges any any Jim. going [Pat] for struggling?
NCM, the terms ago. a could these digital that companies, XX:XX it's softness, business we that that that many, just gambling gaming we weren't affecting really We given have sort pervasive some be non-impacted X with XX:XX been business Yeah. another there related many the do television very that of around The a have the the good business And including which nature of out industry Honestly besides affecting opportunity. crypto only productive. crypto not the believe -- including In growing, opportunity business. honestly and brands. of the said is besides businesses. months And Korean for big Having now business of the companies there crypto that, areas not new sports network supply believe other chip chain car of us. even is that's
part which it those the you tell major can I actually, but Kia’s car going the big business, with US that cinema the on our in a surprised we're we are see large really packaged we're is with of category insurance recently car to do a believe every the those to of industries the prior recovery the of really a today, mean, goods, by with So any we company. XX:XX fairly in insurance, upfront consumer good no platform year electric all is example you'll electronics, fans individual companies, I and auto advertising -- from is little deal XXXX, encouraged getting than honestly. has half back from us was retail, always be So did happy that our second And been advertising. different significant I'm category today, that everything going quite support XXXX. with to from us for I'm a categories But have by for been
displacement. XX:XX I Okay, thanks. And then just guess there is to guess benefit general, In from lastly, political opportunity broadcast? I still is an
that of upset political advertising that's XX:XX we not in that want increment be that type is going the in to I do if that we think lot which of going done exist, at a crowd. it's it's make historically an is sure requires to terms anything -- something looking opportunity, of potentially to political have advertising obviously, problematic. anyone less certainly haven't We there advocacy advertising the is
of that not it's advertising all kinds especially going hope it's experience political being just the mindful problematic sure be quarter, more making category that fourth that to the another So theater in but mine, for to want visitors. movie into we about it's that controversial certain the a we situation
beginning the quarter. Jim, be in particular, of Right. certainly your expect some on there in fourth the upside to XX:XX positive and we And displacement, question from that, third the
XX:XX Okay, thank you.
And turn you. to additional closing or that conference today's conclude back remarks. any question-and-answer the for Thank now over would management XX:XX session. I does
Okay. XX:XX
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participation conclude And thank you you disconnect. you. may now conference. for and We today's Thank all XX:XX that your does
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