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AMC Networks Inc. - $AMCX STOCK NEWS

Welcome to our dedicated page for AMC Networks news (Ticker: $AMCX), a resource for investors and traders seeking the latest updates and insights on AMC Networks stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect AMC Networks's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of AMC Networks's position in the market.

Rhea-AI Summary
AMC Networks Inc. reported financial results for Q3 2023, with net revenues of $637 million, a decrease of 7% from the prior year. Operating income was $121 million, while adjusted operating income decreased 9% to $177 million. Diluted EPS was $1.44, and adjusted EPS was $1.85. The company launched an ad-supported version of AMC+ and enabled programmatic ad buying on linear networks. They also renewed partnerships, premiered successful shows, and achieved cost savings and improved working capital management.
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13.81%
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AMC Networks to host conference call to discuss Q3 2023 results
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-0.08%
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Rhea-AI Summary
AMC Networks Inc. reported Q2 financial results with net revenues decreasing 8% to $679 million. However, streaming revenue grew by 13%. Diluted EPS was $1.60, and adjusted EPS was $2.02. Net cash provided by operating activities was $158 million, and free cash flow was $148 million. Domestic operations revenues decreased 6% to $582 million, while international and other revenues decreased 21% to $99 million. The company also recorded an impairment charge of $24.9 million for 25/7 Media. AMC Networks has authorized a stock repurchase program of up to $1.5 billion.
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13.36%
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AMC Networks Inc. (NASDAQ: AMCX) will participate in several upcoming investor conferences, including SVB MoffettNathanson's Inaugural Technology, Media, and Telecom Conference on May 17, TD Cowen’s 51st Annual Technology, Media & Telecom Conference on June 1, and Gabelli Funds 15th Annual Media & Entertainment Symposium on June 8. Patrick O’Connell, Executive Vice President and Chief Financial Officer, will be participating in these events. Live webcasts and replays will be available on the company’s website.
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2.29%
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Rhea-AI Summary
AMC Networks reports Q1 2023 financial results with increased streaming revenue and strong margins. The company announces plans to launch ad-supported version of AMC+ and unveils Audience+, a new targeting platform. They also premiered successful new series and completed production on other shows. Net revenues increased 1% to $717 million, operating income decreased 1% to $173 million, and streaming subscribers grew 22% to 11.5 million.
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3.6%
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AMC Networks Inc.

Nasdaq:AMCX

AMCX Rankings

AMCX Stock Data

521.91M
19.95M
8.69%
90.49%
8.16%
Radio Networks
Information
Link
United States of America
NEW YORK

About AMCX

dedicated to producing quality programming and movie content for more than 30 years, amc networks inc. (nasdaq: amcx) owns and operates several of the most popular and award-winning brands in cable television. amc, ifc, sundancetv, we tv, and ifc films produce and deliver distinctive, compelling and culturally relevant content that engages audiences across multiple platforms. the company also operates amc networks international, its global division.