AMC Networks Q4 Earnings: Streaming Revenue And Subscriber Growth Cushions Revenue Decline

AMC Networks Inc (NASDAQ: AMCX) reported a fiscal fourth-quarter 2024 revenue decline of 11.7% year over year to $599.31 million, missing the analyst consensus estimate of $609.44 million.

The American entertainment company’s adjusted EPS of 64 cents fell 11.1% year-over-year, missing the analyst consensus estimate of 72 cents. 

Domestic Operations: Affiliate revenue decreased 13% due to basic subscriber declines.

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