AMC Networks (AMCX) Misses Q1 EPS by 39c

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AMC Networks Inc. Reports First Quarter 2020 Results

May 5, 2020 7:01 AM EDT

NEW YORK, May 05, 2020 (GLOBE NEWSWIRE) -- AMC Networks Inc. (AMC Networks or the Company) (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2020.

President and Chief Executive Officer Josh Sapan said: In what has been a unique operating environment, AMC Networks continues to generate significant levels of free cash flow and remains well capitalized with a strong balance sheet and strong liquidity. We continue to make significant progress on our digital initiatives, including strong subscriber growth across our Acorn TV, Shudder, Sundance Now and UMC (Urban Movie... More