AMC Networks (AMCX) Misses Q2 EPS by 6c

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AMC Networks Inc. Reports Second Quarter 2018 Results

August 2, 2018 7:00 AM EDT

Second Quarter Financial Highlights:

Net revenues of $761 millionOperating income of $192 million; Adjusted Operating Income1 of $233 millionDiluted EPS of $1.82; Adjusted EPS1 of $1.93Cash Provided by Operating Activities of $162 million and Free Cash Flow1 of $131 million in second quarter 20183.0 million shares repurchased for $159 million in second quarter 2018

Second Quarter Operational Highlights:

Total subscribers increased 2% year-over-year2Company Continued to Make Significant Progress on Key Strategic Initiatives with Acquisition of... More