From Yahoo Finance: 2025-05-09 10:08:00

AMC Networks, Inc. (NASDAQ: AMCX) reported fiscal first-quarter 2025 results, with a revenue decline of 6.9% year over year to $555.23 million, missing analyst estimates. Adjusted EPS fell 55.2% to 52 cents, below the consensus of 80 cents. Domestic operations saw decreases in affiliate revenue, advertising revenue, and content licensing revenue.

Streaming subscribers remained at 10.2 million as of March 31, 2025. Streaming revenues increased by 8% to $157 million, driven by price increases. International revenues decreased by 7% to $69.9 million. The company reported a 30% decrease in consolidated adjusted operating income and a 27.9% decrease in operating cash flow.

Operating cash flow fell 27.9% year over year to $108.8 million, while free cash flow fell 34.7% to $94.19 million. AMC Networks ended the quarter with a cash and equivalents balance of $870.23 million. The company’s stock price decreased by 6.94% to $5.76 on Friday.

AMC Networks did not gain subscribers in Q1, with profits falling and stock prices sliding. The company’s challenges in affiliate revenue, advertising revenue, and content licensing revenue contributed to the decline in financial performance.

Read more: AMC Networks Does Not Gain Subscribers In Q1 And Profit Falls, Stock Slides