National CineMedia, Inc. (NCMI) Reiterates 2008 Guidance, Provides 2009 Outlook and Announces Dividend
Yesterday after the closing bell, National CineMedia, Inc. announced that it has updated its full year 2008 guidance and provided its outlook for the current year. The company anticipates its full year 2008 results to be at the high end or slightly surpass its previous full year 2008 guidance for total revenue of $364 - $368 million and Adjusted OIBDA of $184 - $187 million. For the current year, the company predicts total revenue will be a little higher than its 2008 guidance range, but Adjusted OIBDA to be about level with its 2008 guidance range, as margins are anticipated…