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Stock impact report

AMC Networks Q4 Earnings: Streaming Revenue And Subscriber Growth Cushions Revenue Decline [Yahoo! Finance]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
2 min read In This Article AMCX AMC Networks Q4 Earnings: Streaming Revenue And Subscriber Growth Cushions Revenue Decline AMC Networks Inc (NASDAQ: AMCX) reported a fiscal fourth-quarter 2024 revenue decline of 11.7% year over year to $599.31 million, missing the analyst consensus estimate of $609.44 million The American entertainment company's adjusted EPS of 64 cents fell 11.1% year-over-year, missing the analyst consensus estimate of 72 cents Domestic Operations: Affiliate revenue decreased 13% due to basic subscriber declines. Also Read: Zebra Tech Q4 Earnings: Revenue Surges 32%, CEO Cites Strong Retail Demand Advertising revenues decreased 12% year over year to $139 million due to anticipated linear ratings declines and a challenging ad market. Content licensing revenues decreased 30% to $67 million due to the availability of deliveries. Despite these setbacks, AMC Networks reported that streaming subscribers increased by 8% to 12.4 million compared to 11.4 m Show less Read more
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