AMC Networks (AMCX) Tops Q3 EPS by 35c

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AMC Networks Inc. Reports Third Quarter 2018 Results

November 1, 2018 7:10 AM EDT

Third Quarter Financial Highlights:

Net revenues increased 7.5% to $697 millionOperating income increased 7.3% to $165 millionAdjusted Operating Income1 increased 5.4% to $211 millionDiluted EPS increased 43% to $1.93; Adjusted EPS1 increased 28% to $2.15Cash Provided by Operating Activities of $193 million and Free Cash Flow1 of $167 million for the three months ended September 2018

Operational Highlights:

Company Continues to Make Significant Progress on Key Strategic Initiatives with the Closing of the Acquisition of RLJ Entertainment

NEW YORK, Nov. 01, 2018 (GLOBE NEWSWIRE) -- AMC Networks Inc. (AMC... More