AMC Networks (AMCX) PT Raised to $70 at RBC Capital

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AMC Networks Inc. Reports Full Year and Fourth Quarter 2018 Results

February 28, 2019 7:01 AM EST

Full Year Financial Highlights:

Revenue increased 5.9% to a record $3.0 billionOperating income of $727 million; Adjusted Operating Income1 increased 3.1% to a record $933 millionDiluted EPS of $7.57; Adjusted EPS1 increased 18% to a record $8.69Cash Provided by Operating Activities of $607 million; Free Cash Flow1 increased 75% to a record $502 million

Fourth Quarter Financial Highlights:

Revenue increased 6.3% to $773 millionOperating income of $137 million; Adjusted Operating Income increased 6.6% to $219 millionDiluted EPS of $1.24; Adjusted EPS increased 15% to $1.92

Full Year... More