AMC Networks Inc. (AMCX)
| Market Cap | 670.78M |
| Revenue (ttm) | 2.59B |
| Net Income (ttm) | 157.66M |
| Shares Out | 44.04M |
| EPS (ttm) | 3.57 |
| PE Ratio | 4.27 |
| Forward PE | 2.66 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 1,592,550 |
| Open | 13.57 |
| Previous Close | 13.24 |
| Day's Range | 13.46 - 15.62 |
| 52-Week Range | 9.87 - 20.97 |
| Beta | n/a |
| Analysts | Sell |
| Price Target | 11.75 (-22.85%) |
| Earnings Date | May 10, 2024 |
About AMCX
AMC Networks Inc., 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... [Read more]
Financial Performance
In 2023, AMC Networks's revenue was $2.71 billion, a decrease of -12.42% compared to the previous year's $3.10 billion. Earnings were $215.46 million, an increase of 2737.29%.
Financial StatementsAnalyst Forecast
According to 5 analysts, the average rating for AMCX stock is "Sell." The 12-month stock price forecast is $11.75, which is a decrease of -22.85% from the latest price.
News
AMC Networks Inc. Reports First Quarter 2024 Results
NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2024.
Comcast's Brian Roberts Sees $35M Pay Package In 2023; Compensation For Liberty Media & AMC Networks CEOs Set As Last Proxies Trickle In
Comcast said chairman and chief executive Brian Roberts' pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued a...
AMC Networks to Report First Quarter 2024 Results
NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the first quarter 2024 on Friday, May 10, 2024 at 8:30 a.m. Eastern Tim...
AMC Networks Plans To Offer Cheaper, Ad-Supported Subscription Tiers Across Its Full Streaming Portfolio
AMC Networks is rolling out cheaper, ad-supported tiers for all of its niche streaming services after putting ads on its flagship AMC+ bundle late last year. The new versions will all be up and runnin...
AMC Networks Announces Early Results of Tender Offer for Any and All 4.75% Senior Notes due 2025
NEW YORK, April 05, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced the early results, as of 5:00 p.m. New York City time, on April 5, 2024 (the “Early Tender Date”...
AMC Networks Inc. Announces Pricing of Upsized Private Offering of $875 Million of 10.25% Senior Secured Notes due 2029
NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it has priced an offering of $875 million aggregate principal amoun...
AMC Networks Announces Conditional Full Redemption of 4.75% Senior Notes due 2025
NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has given notice of its intention to redeem all of its outstanding 4.75% Senior No...
AMC Networks Commences Tender Offer for Any and All Senior Notes due 2025
NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has commenced a cash tender offer (the “Offer”) to purchase any and all of its out...
AMC Networks Inc. Announces Proposed Private Offering of $700 Million of Senior Secured Notes due 2029
NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it intends to offer, subject to market conditions and other factors...
AMC Networks to Participate in the J.P. Morgan 2024 Global High Yield and Leveraged Finance Conference
NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) today announced that Patrick O'Connell, Executive Vice President and Chief Financial Officer, will participate in the J.P. ...
AMC Networks Stock Sinks as Revenue Dives 30%. It's Not Because of Streaming.
The television broadcasting and production company says subscription revenue fell 8% in the fourth quarter.
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”
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...
AMC reports Q4 sales beat, but shares fall as subscriptions slide
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 Dea...
AMC Networks Sees 23% Drop In U.S. Advertising Revenue, Adds Streaming Subscribers
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 str...
AMC Networks Inc. Reports Fourth Quarter and Full Year 2023 Results
NEW YORK, Feb. 09, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the fourth quarter and full year ended December 31, ...
AMC Networks to Report Fourth Quarter and Full Year 2023 Results
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 8:3...
AMC Networks to Participate in the Bank of America Securities Leveraged Finance Conference
NEW YORK, Nov. 15, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) today announced that Patrick O'Connell, Executive Vice President and Chief Financial Officer, will participate in the Bank ...
AMC Networks Q3 Results Hit By Drops In Advertising And Affiliate Revenue
AMC Networks reported double-digit declines in advertising and affiliate revenue in the third quarter, which dragged down its overall results. The cable and streaming programmer posted earnings per sh...
AMC Networks Inc. Reports Third Quarter 2023 Results
NEW YORK, Nov. 03, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the third quarter ended September 30, 2023.
AMC Networks to Report Third Quarter 2023 Results
NEW YORK, Oct. 19, 2023 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the third quarter 2023 on Friday, November 3, 2023, at 8:30 a.m. Easter...
AMC Networks Begins Rollout Of Cheaper, Ad-Supported Tier Of Flagship Streamer AMC+
Following through on plans first announced last spring, AMC Networks said this evening it has officially begun rolling out a cheaper, ad-supported tier of flagship streaming service AMC+. The $5-a-mon...
Max to feature AMC Networks shows like 'Fear the Walking Dead,' 'Killing Eve' this fall
Warner Bros. Discovery's streaming platform Max will feature content from pay TV company AMC Networks for two months.
Advertising Downturn Keeps AMC Networks From Hitting Q2 Revenue Target
AMC Networks posted a 17% decrease in domestic advertising revenue in the second quarter, preventing the company from meeting Wall Street revenue expectations. Total revenue slipped 8% from the same q...
AMC Networks' stock up 2% after profit beat offsets revenue miss
AMC Networks Inc.'s stock AMCX, +1.49% rose 2% premarket Friday, after the network that's home to “The Walking Dead” franchise beat profit estimates for the second quarter by a wide margin, offsetting...