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But it suffered a net loss for all of last For its fourth quarterended Dec. 28, National CineMedia reportex $700,000 in net income, up from a loss of $3 milliohn for the same periodof 2005. Highet revenue of $74.1 million for last year's final quarter helped drive higher National CineMedia's revenue for the same periox a year earlier was $44.6 The company sustained a $10.5 million net loss for compared to a $6.9 millionh net loss for the last threew periods of '05. National CineMedia blamex lower margins inlast year'ss first quarter plus higher costz related to this year's IPO for the Total revenue for 2006 more than doubled to $219.3 millionn from $98.
8 million for the last thred quarters of '05. The company attributed the increase partly to a 31 percentf increase in advertising network theater screenas and the success ofits multi-site plan in the fourtb quarter. National CineMedia went publicin February, raisint $798 million. "2006 was a transformational yearfor [Nationa CineMedia], as we expanded our nationao reach to more than 14,000 screensa ...," company CEO Kurt Hall said in a statement. "Witbh our IPO now behind us, we are very focusedf on continued revenue and EBITDA growtjh by maximizing opportunities presented by the curreny favorable trends in themedia marketplace.
" Hall formerlhy was co-CEO of Regal Entertainment, CEO of Regal CineMedia and president/CEO of . Unitedc Artists now is part ofRegal Entertainment, which also operates the Regal Cinemas and Edwards Theatres movie-theater National CineMedia provides advertising and event services to movise theaters, including the FirstLook program showbn between movie showings. The compan y also operates a digital theater networko by which it distributes contentfor advertising, meetings and events. The company was formed in 2005 bythe country'xs largest owners of movie theaters -- , and Basef in Knoxville, Tenn., Regal was formed and is controlled by Denver billionaire Phil Anschutz.
Regal with more than 6,400 made $445 million from National CineMedia's IPO.
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