AMC Networks Inc. (NASDAQ: AMCX) reported Q2 EPS of $0.83, $0.02 worse than the analyst estimate of $0.85. Revenue for the quarter came in at $522 million versus the consensus estimate of $514.3 million.

Operating income of $129 million, an increase of 13.2% excluding the prior year litigation settlement gain. AOCF2 increased 13.5% to $157 million.

President and Chief Executive Officer Josh Sapan said: "AMC Networks once again generated double digit increases in revenue and AOCF in the second quarter as we continued to create value for our shareholders by investing in high-quality original programming that builds our brands, strengthens our relationships with distributors and advertisers and creates highly passionate and dedicated viewers. We are proud of our thirty-five prime-time Emmy nominations, including twenty six at AMC, eight at IFC and one at SundanceTV. We recently renewed AMC's Revolutionary War drama 'Turn' for a second season and debuted both AMC's 'Halt and Catch Fire' and WE tv's 'The Divide' to wide critical acclaim. As we develop our international business, we are rebranding the recently acquired MGM Channel to AMC, and distributing 'Halt and Catch Fire' and 'The Divide' on this new global platform. IFC Films' latest release, 'Boyhood,' filmed over a twelve year period by acclaimed director Richard Linklater, and starring Ethan Hawke and Patricia Arquette, is receiving glowing reviews and generating strong box office results as we roll it out across the country."

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