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AMC Networks Q1 2024 Earnings Report

AMC Networks logo
$6.98 +0.14 (+2.05%)
As of 04:00 PM Eastern

AMC Networks EPS Results

Actual EPS
$1.16
Consensus EPS
$1.79
Beat/Miss
Missed by -$0.63
One Year Ago EPS
$2.62

AMC Networks Revenue Results

Actual Revenue
$596.50 million
Expected Revenue
$601.74 million
Beat/Miss
Missed by -$5.24 million
YoY Revenue Growth
-16.90%

AMC Networks Announcement Details

Quarter
Q1 2024
Time
Before Market Opens

Conference Call Resources

Conference Call Audio

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AMC Networks Earnings Headlines

AMC Networks management to meet with Seaport Research
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AMC Networks price target lowered to $8 from $9 at Morgan Stanley
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About AMC Networks

AMC Networks (NASDAQ:AMCX), an entertainment company, owns and operates a suite of video entertainment products that are delivered to audiences, a platform to distributors, and advertisers in the United States, Europe, and internationally. The company operates through Domestic Operations, and International and Other segments. The Domestic Operations segment operates various national programming networks, including the AMC, We tv, BBC AMERICA, IFC, and SundanceTV; provides subscription streaming services comprising Acorn TV, Shudder, Sundance Now, ALLBLK, and HIDIVE, as well as AMC+ and other streaming initiatives; and engages in film distribution business under the IFC Films, RLJ Entertainment Films, and Shudder name. This segment also produces and licenses original programming for various programming networks, as well as services the programming networks. The International and Other segment operates a portfolio of channels under the AMCNI name; and production and comedy venues activities under the Levity name. AMC Networks Inc. was founded in 1980 and is headquartered in New York, New York.

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