Reports Q1 revenue $555.2M, consensus $567.2M. CEO Kristin Dolan said: “We continue to execute on our core strengths as we navigate the changing world of media. During the first quarter we delivered high-quality premium programming to our audiences, launched ad-supported AMC+ on Charter and generated $94 million of free cash flow. We remain nimble and opportunistic in broadly distributing our sought-after content across all available platforms to build value for our partners, viewers and shareholders.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on AMCX:
- AMCX Earnings this Week: How Will it Perform?
- Morgan Stanley says tariff on movies could reduce companies’ earnings power
- Now Streaming: Advertisers reportedly planning to spend loss on TV ads
- Now Streaming: Analysts boost Netflix targets after Q1 beat
- AMC Networks price target lowered to $6 from $8 at UBS