AMC Networks (AMCX) Tops Q1 EPS by 35c

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AMC Networks Inc. Reports First Quarter 2019 Results

May 1, 2019 7:00 AM EDT

Revenues increased 5.9% to $784 millionOperating income of $245 million; Adjusted Operating Income1 increased 8.8% to $293 millionDiluted EPS of $2.48; Adjusted EPS1 of $2.64Cash Provided by Operating Activities of $172 million; Free Cash Flow1 increased 39% to $144 million

NEW YORK, May 01, 2019 (GLOBE NEWSWIRE) -- AMC Networks Inc. (AMC Networks or the Company) (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2019.

AMC Networks had a strong start to the year and our results have put us on track to achieve our full-year targets, said Josh Sapan, AMC Networks President and Chief Executive... More