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Stock impact report

AMC Networks (NASDAQ:AMCX) Misses Q1 Revenue Estimates [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
It made a non-GAAP profit of $1.16 per share, down from its profit of $2.36 per share in the same quarter last year. Is now the time to buy AMC Networks? Find out in our full research report AMC Networks (AMCX) Q1 CY2024 Highlights: Revenue: $596.5 million vs analyst estimates of $601.1 million (small miss) Operating income (GAAP): $110.2 million vs analyst estimates of $130.2 million (15.4% miss) EPS (non-GAAP): $1.16 vs analyst expectations of $1.65 (29.8% miss) Gross Margin (GAAP): 54.5%, in line with the same quarter last year Free Cash Flow of $144.1 million, up 119% from the previous quarter Company "recently strengthened our balance sheet by completing a series of financing transactions that meaningfully extended our debt maturities" Market Capitalization: $604.7 million Chief Executive Officer Kristin Dolan said: "In the first quarter, we continued to execute on our strategic priorities, including the ongoing delivery of healthy free cash flow. As new techn Show less Read more
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