AMC Networks (AMCX) Reports In-Line Q2 EPS

AMC Networks (NASDAQ: AMCX) reported Q2 EPS of $1.28, in-line with the analyst estimate of $1.28. Revenue for the quarter came in at $685 million versus the consensus estimate of $676.87 million.

President and Chief Executive Officer Josh Sapan said: "AMC Networks delivered strong financial and operating results in the second quarter with double-digit growth in revenues, operating income and AOCF driven by increases in both advertising and distribution revenues at our National Networks. Our acclaimed and popular shows including The Walking Dead, Better Call Saul and Orphan Black, are being watched across multiple platforms and create network and programming brands that are highly sought after by advertisers, distributors and consumers. We remain confident that our approach is the right one to succeed in a highly competitive and consolidating entertainment marketplace, and we remain focused and committed to continuing to create and deliver value for our shareholders."

For earnings history and earnings-related data on AMC Networks (AMCX) click here.

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