AMC Networks: Q1 Earnings Snapshot
By AP News
Published - May 09, 2023, 07:39 AM ET
Last Updated - Jun 21, 2023, 09:39 PM EDT
NEW YORK (AP) — NEW YORK (AP) — AMC Networks Inc. (AMCX) on Tuesday reported first-quarter earnings of $103.6 million.
On a per-share basis, the New York-based company said it had profit of $2.36. Earnings, adjusted for amortization costs and restructuring costs, came to $2.62 per share.
The owner of cable channels including AMC and IFC posted revenue of $717.4 million in the period.
AMC Networks shares have fallen 2.5% since the beginning of the year. The stock has declined 53% in the last 12 months.
