CineMedia income down in Q2
National CineMedia, the largest company in the U.S. for cinema advertising, had lower earnings this past quarter as compared to last year.
National CineMedia Inc., which manages North America’s largest provider of digital movie-theater advertising and marketing, had lower earnings in this year’s second quarter compared to the same period of 2007.
The Denver company reported net income of $4.3 million, or 10 cents per diluted share, for its quarter ended June 26, down from $6.3 million, or 15 cents a diluted share, for last year’s comparable period.
National CineMedia (NASDAQ: NCMI) went public last year, completing its initial public offering in February 2007.
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