National CineMedia Inc. reported total revenue of $63.4 million for the third quarter ended September 25, 2025, a 1.6% increase from $62.4 million in the same period of 2024. The company recorded an operating loss of $1.8 million for the third quarter of 2025, compared to $7.5 million in the third quarter of 2024. Net income for the third quarter was $1.6 million, or $0.02 per diluted share, compared to a net loss of $3.6 million, or $0.04 per diluted share, in the prior year's third quarter. Adjusted OIBDA for the third quarter was $10.2 million, up from $8.8 million in the third quarter of 2024. For the nine months ended September 25, 2025, total revenue was $150.0 million, a decrease of 2.9% from $154.5 million in the same period of 2024. The operating loss for the nine-month period was $37.7 million, compared to $39.4 million in the prior year. Net loss for the nine months ended September 25, 2025, was $39.9 million, or $0.42 per diluted share, compared to $47.0 million, or $0.49 per diluted share, in the previous year. Adjusted OIBDA for the nine months was $1.9 million, down from $10.7 million for the same period in 2024. National CineMedia expects total revenue for the fourth quarter of 2025 to be between $91.0 million and $98.0 million, with Adjusted OIBDA projected in the range of $30.0 million to $35.0 million. The company reported achieving its highest third quarter national advertising revenue per attendee in the last five years and noted a rebound in advertiser demand.