AMC Networks(AMCX)

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AMC Networks Stock Punished After Shaky Q4 Earnings Report; CEO Kristin Dolan Downplays M&A Scenarios, Says Plan Is To “Stick To Our Knitting” As “Marketplace Sorts Itself Out”
Deadline· 2024-02-09 15:44
Shares in AMC Networks dropped sharply in early trading Friday following a shaky fourth-quarter earnings report and a conference call with Wall Street analysts. The stock initially drifted down by mid-single-digits in pre-market trading after the earnings release, which revealed a 23% drop in domestic ad revenue and a 16% decline in affiliate revenue. Although it was difficult to draw a direct line between management comments on the call and the stock movement later in the morning, the selloff intensified ...
AMC Networks (AMCX) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Zacks Investment Research· 2024-02-09 15:31
AMC Networks (AMCX) reported $678.85 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 29.6%. EPS of $0.72 for the same period compares to $2.52 a year ago.The reported revenue represents a surprise of +0.87% over the Zacks Consensus Estimate of $673 million. With the consensus EPS estimate being $0.64, the EPS surprise was +12.50%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determ ...
AMC Networks (AMCX) Tops Q4 Earnings and Revenue Estimates
Zacks Investment Research· 2024-02-09 14:11
AMC Networks (AMCX) came out with quarterly earnings of $0.72 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $2.52 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 12.50%. A quarter ago, it was expected that this owner of cable channels including AMC and IFC would post earnings of $1.31 per share when it actually produced earnings of $1.85, delivering a surprise of 41.22%.Over t ...
AMC reports Q4 sales beat, but shares fall as subscriptions slide
Market Watch· 2024-02-09 13:49
AMC Networks Inc. AMCX, +0.21% shares fell 3.6% in premarket trades Friday after the company’s fourth-quarter revenue took a hit from falling subscriptions. The network that’s home to “The Walking Dead” franchise reported a net loss of $11.4 million, or a loss of 50 cents a share, compared with a net loss of $391.6 million, or a loss of $6.11 a share in the prior year’s quarter. On an adjusted basis AMC Networks earned 72 cents a share. Analysts surveyed by FactSet were looking for earnings of 68 cents a s ...
AMC Networks Sees 23% Drop In U.S. Advertising Revenue, Adds Streaming Subscribers
Deadline· 2024-02-09 13:03
AMC Network posted a 23% drop in advertising for the fourth quarter as total revenue fell 30% to $679 million. But the company narrowed losses and saw streaming revenues up 4% to $145 million on a stronger subscriber base and a 3% increase in streaming subscribers from the previous quarter — to 11.4 million. AMC said the dip in ad revenues, to $158 million, was due to anticipated linear ratings declines, a challenging ad market and fewer original programming episodes within the quarter — partly offset by ...
AMC Networks(AMCX) - 2023 Q4 - Annual Report
2024-02-08 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ☑ Annual report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the fiscal year ended December 31, 2023 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-35106 AMC Networks Inc. (Exact name of registrant as specified in its charter) (212) 324-8500 (Registrant's telephone number, including area code ...
AMC Networks to Report Fourth Quarter and Full Year 2023 Results
Newsfilter· 2024-01-19 14:00
NEW YORK, Jan. 19, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ:AMCX) will host a conference call to discuss results for the fourth quarter and full year 2023 on Friday, February 9, 2024 at 8:30 a.m. Eastern Time. AMC Networks will issue a press release reporting its results before the market opening. The conference call will be webcast live via the company's website at investors.amcnetworks.com. To access the conference call via telephone, please pre-register for the call to obtain the dial-in number ...
AMC Networks(AMCX) - 2023 Q3 - Earnings Call Transcript
2023-11-03 20:01
AMC Networks Inc. (NASDAQ:AMCX) Q3 2023 Earnings Conference Call November 3, 2023 8:30 AM ET Company Participants Nick Seibert - VP, Corporate Development and IR Kristin Dolan - CEO Patrick O'Connell - CFO Kim Kelleher - CCO Dan McDermott - President Entertainment and AMC Studios Conference Call Participants Michael Morris - Guggenheim Securities David Joyce - Seaport Research Partners Luke Landis - MoffettNathanson Brett Feldman - Goldman Sachs Thomas Yeh - Morgan Stanley Steve Cahall - Wells Fargo Operato ...
AMC Networks(AMCX) - 2023 Q3 - Quarterly Report
2023-11-02 16:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☑ Quarterly report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended September 30, 2023 or ☐ Transition report pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from to Commission File Number: 1-35106 | --- | --- | --- | --- | |----------------------------------------------------------------------------|-------------------------- ...
AMC Networks(AMCX) - 2023 Q2 - Earnings Call Transcript
2023-08-04 16:27
AMC Networks Inc. (NASDAQ:AMCX) Q2 2023 Results Conference Call August 4, 2023 8:30 AM ET Company Participants Nick Seibert - VP, Corporate Development & IR Kristin Dolan - CEO Patrick O’Connell - CFO Kim Kelleher - CCO Dan McDermott - President Entertainment & AMC Studios Conference Call Participants Michael Morris - Guggenheim Securities Luke Landis - MoffettNathanson Doug Creutz - Cowen Thomas Yeh - Morgan Stanley Operator Thank you for standing by, and welcome to the AMC Networks Second Quarter 2023 Ea ...