AMC Networks

AMC Networks, Inc. is a holding company, which engages in the owning and management of cable television networks through its subsidiaries. It operates through the National Networks and International and Other segments. The National Networks segment includes activities of AMC Studios operations, AMC Broadcasting and Technology, and national programming networks, namely AMC, WEtv, BBC AMERICA, IFC, and SundanceTV in the U.S., and AMC, IFC, and the Sundance Channel in Canada. The International and Other segment consists of AMC Networks International (AMCNI), the international programming businesses consisting of a portfolio of channels in Europe, Latin America, the Middle East, and parts of Asia and Africa, IFC Films, the independent film distribution business, and subscription streaming services, Sundance Now and Shudder. The company was founded by Charles Francis Dolan on March 9, 2011 and is headquartered in New York, NY.

Earnings data Q4 2020

Earnings data Q1 2021

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Earnings data Q1 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

AMC Networks reports robust Q4 earnings, explores bundled streaming services

AMC Networks showcased strong financial performance in Q4 2022, driven by successful content releases and high viewership. The company faces challenges from industry disruptions but is adapting by focusing on streaming and content monetization. Opportunities in bundled streaming services present avenues for revenue growth and strategic partnerships.

AMC Networks reports Q1 growth, navigates ad challenges for 2023

AMC Networks' Q1 performance reflects steady revenue growth and a focus on technology-driven content strategies.
While facing challenges in ad revenue and content transitions, the company remains optimistic about its full-year outlook.
Opportunities in automated partnerships and diverse ad spending sectors position AMC Networks for continued growth and audience engagement.

AMC Networks reports growth in subscribers amidst ad revenue challenges

AMC Networks saw growth in streaming subscribers but faced challenges with declining domestic advertising revenue.
The company's strong content strategy and financial principles are key strengths driving performance.
Opportunities lie in upcoming series in The Walking Dead universe and securing streaming rights for popular titles.
Maintaining a balance between content investment, revenue generation, and navigating market challenges is crucial for future success.

AMC Networks reports Q3 performance, focuses on partnerships and efficiency

AMC Networks saw a mixed performance in Q3 with revenue and AOI declines
Strengths lie in strong partnerships, successful programming, and AMC+ strategy
Challenges include amortization impacts, margin pressures, and expense management
Opportunities in content monetization, efficient expenses, and future bundle strategies

AMC Networks excels in streaming, faces challenges in linear advertising

AMC Networks' Q4 2023 earnings call highlighted strong financial performance, strategic initiatives in streaming, and challenges in linear advertising. The company's focus on innovation, partnerships, and cost management underscores its commitment to navigating industry changes and driving future growth.

AMC Networks reports robust Q1 earnings, eyes international expansion

AMC Networks delivered strong financial results, focusing on revenue growth, advertising expansion, and streaming subscriber gains. While facing challenges related to content production costs, the company remains optimistic about its ability to adapt to industry changes and pursue growth opportunities.

AMC Networks excels in Q2 with strong partnerships and profitability

AMC Networks' Q2 2024 earnings call highlighted strong financial performance, strategic partnerships, and a focus on profitability.
The company's emphasis on programming quality, successful content, and operational efficiencies positions it well for future growth.
While facing challenges in subscriber retention and content innovation, AMC Networks has opportunities to capitalize on its strengths and expand its market presence.

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AMC Networks, Inc. is a holding company, which engages in the owning and management of cable television networks through its subsidiaries. It operates through the Domestic Operations, and International and Other segments. The Domestic Operations segment includes programming services, and AMC broadcasting and technology. The International and Other segment focuses on its international programming businesses. The company was founded by Charles Francis Dolan on March 9, 2011 and is headquartered in New York, NY.

AMC Networks (AMCX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate AMC Networks (AMCX) to Report a Decline in Earnings: What to Look Out for

NEW YORK, Oct. 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter 2024 on Friday, November 8, 2024 at 10:00 a.m. Eastern Time. AMC Networks will issue a press release reporting its results before the market opening.

AMC Networks to Report Third Quarter 2024 Results

AMC Networks faces significant challenges from cord-cutting trends and a heavy debt load, leading to market pessimism and fears of bankruptcy. Declining non-streaming subscription revenues and rising interest expenses have pressured AMC Networks' financial performance since 2022. The company's reliance on a few major shows and potential future dilution from convertible bonds add to the risks.

AMC Networks: Undervalued On All Accounts

AMC Networks faces challenges from cord-cutting and high debt but remains profitable with strong free cash flow and growing streaming revenues. Management prioritizes high-quality content, with a focus on free cash flow. AMCX is a deleveraging play as it looks to gradually lower debt levels. The stock is heavily shorted, presenting potential for a short squeeze, though its undervaluation based on fundamentals is a stronger investment case.

AMC Networks: Cigar Butt With Short Squeeze Potential

Investors need to pay close attention to AMC Networks (AMCX) stock based on the movements in the options market lately.

Is the Options Market Predicting a Spike in AMC Networks (AMCX) Stock?

Charter Communications

Charter Communications and AMC Networks on Wednesday said they have agreed to an early renewal of a distribution agreement, allowing Charter to carry AMC's portfolio of linear cable networks for multiple years.

Charter and AMC ink early renewal deal, providing cable subscribers free access to AMC+

Ad-Supported AMC+ will be Included in All Spectrum TV Select Packages at No Additional Cost to Customers   Charter to Make AMC+ Available for Purchase by Internet-Only Customers   NEW YORK and STAMFORD, Conn. , Sept. 4, 2024 /PRNewswire/ -- AMC Networks (NASDAQ: AMCX) and Charter Communications, Inc. (NASDAQ: CHTR) today announced they have agreed to an early renewal of their distribution agreement that will allow Charter to carry AMC Networks' portfolio of linear cable networks for multiple years to come.

AMC NETWORKS AND CHARTER COMMUNICATIONS ANNOUNCE EARLY MULTI-YEAR RENEWAL AGREEMENT FOR DISTRIBUTION OF AMC NETWORKS' LINEAR NETWORKS AND DIRECT-TO-CONSUMER STREAMING SERVICE

AMC Networks Inc. (NASDAQ:AMCX ) Q2 2024 Earnings Conference Call August 9, 2024 8:30 AM ET Company Participants Nicholas Seibert - Vice President of Corporate Development & Investor Relations Kristin Dolan - Chief Executive Officer Patrick O'Connell - Chief Financial Officer Dan McDermott - President of Entertainment and AMC Studios Kimberly Kelleher - Chief Commercial Officer Conference Call Participants Thomas Yeh - Morgan Stanley David Joyce - Seaport Research Partners Steven Cahall - Wells Fargo Operator Good day everyone and thank you for standing by. Welcome to the AMC Networks Second Quarter 2024 Earnings Conference Call.

AMC Networks Inc. (AMCX) Q2 2024 Earnings Call Transcript

The headline numbers for AMC Networks (AMCX) give insight into how the company performed in the quarter ended June 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

AMC Networks (AMCX) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

AMC Networks (AMCX) came out with quarterly earnings of $1.24 per share, missing the Zacks Consensus Estimate of $1.38 per share. This compares to earnings of $2.02 per share a year ago.

AMC Networks (AMCX) Misses Q2 Earnings Estimates

While it wasn't quite the dramatic setbacks of Paramount Global and Warner Bros. Discovery this week, AMC Networks posted second-quarter financial results illustrating the perils of operating linear TV networks. The company's earnings were down significantly from the prior-year quarter and below Wall Street estimates. The programmer reported adjusted earnings per share of $1.

AMC Networks Q2 Earnings Miss Wall Street Forecasts As Linear TV Challenges Once Again Hit Media Results

NEW YORK, Aug. 09, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the second quarter ended June 30, 2024.

AMC Networks Inc. Reports Second Quarter 2024 Results

Beyond analysts' top -and-bottom-line estimates for AMC Networks (AMCX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended June 2024.

Countdown to AMC Networks (AMCX) Q2 Earnings: Wall Street Forecasts for Key Metrics

ADTRAN Holdings Inc

Bally's

Bread Financial Holdings Inc

Owens & Minor

Investors would do well to monitor stocks like ADTRAN (ADTN), Bread Financial (BFH), Owens & Minor (OMI), Bally's Corporation (BALY) and AMC Networks (AMCX) for high returns.

5 Stocks Loved by Brokers Worth Watching Currently

NEW YORK, July 30, 2024 (GLOBE NEWSWIRE) -- AMC Networks, Inc. [NASDAQ: AMCX] announced today that Jamie Gallagher, the company's long-time General Counsel and EVP, will retire at the end of the year. Following more than 16 years of service, Gallagher will step down from his role, concluding a distinguished career marked by invaluable contributions to the company.

AMC Networks General Counsel Jamie Gallagher to Retire at Year End

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AMC Entertainment

AMC Entertainment's (NYSE: AMC) stock price has imploded this year amid concerns about the box office industry, its huge debt load, and dilution. It has crashed by 90% in the past 12 months and by 90% in the past five years.

Not just AMC Entertainment: AMC Networks stock has imploded

NEW YORK, July 18, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the second quarter 2024 on Friday, August 9, 2024 at 8:30 a.m. Eastern Time. AMC Networks will issue a press release reporting its results before the market opening.

AMC Networks to Report Second Quarter 2024 Results

Comcast

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Media and entertainment shares are having a great day as are markets with the Dow, S&P and Russell 2000 all decisively on the upswing. Investors are baking in an interest rate cut this fall with some pushing for relief as early as the Federal Reserve's July 31 meeting.

Media Stocks Jump With Broader Market As Interest Rate Relief Seems Certain

Cogent Communications Holdings

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AMCX, CCOI and HAYN have been added to the Zacks Rank #5 (Strong Sell) List on July 15, 2024.

New Strong Sell Stocks for July 15th

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced the pricing of $125 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, the Company has granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes. The offering of the notes is expected to close on June 21, 2024, subject to satisfaction of customary closing conditions.

AMC Networks Inc. Announces Pricing of $125 Million Offering of Convertible Senior Notes

Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional notes for up to $18.75 million.

Shares Of AMC Networks Plunge 35% As Company Plans Debt Sale To Raise Cash

AMC Networks (NASDAQ: AMCX ) stock is falling on Monday after the video entertainment company announced plans for a private offering of convertible senior notes due 2029. AMC Networks notes that this convertible offering will raise $125 million for the company.

Why Is AMC Networks (AMCX) Stock Down 11% Today?

Louisiana-Pacific

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.

AMC Networks, Louisiana-Pacific And Other Big Stocks Moving Lower In Monday's Pre-Market Session

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced that it intends to offer, subject to market conditions and other factors, $125 million aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, AMC Networks expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes.

News for AMC Networks Stock (AMCX)