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Stock impact report

Why AMC Networks Stock Dropped 16% in February [The Motley Fool]

AMC Networks Inc. - Class A (AMCX) 
Last amc networks inc. - class a earnings: 2/26 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Jeremy Bowman (TMFHobo) Author Bio Fool since 0. I write about consumer goods, the big picture, and whatever else piques my interest. Follow me on to see my latest articles, and for commentary on hot topics in retail and the broad market. Follow @tmfbowman What happened Shares of AMC Networks NASDAQ:AMCX According to Global Market Intelligence ^SPX YCharts So what Shares of the entertainment company fell 8% on Feb. 6 after its report came out. AMC saw revenue tick up .6% to $78 million, which was ahead of estimates for $77 million. Growth in the international market compensated for a 0.6% decline in revenue at its National Networks, which generated nearly three-quarters of revenue. The problems came further down the income statement, as adjusted operating income fell 9% to $00 million. In National Networks, adjusted operating income dropped % due to higher programming costs and lower revenue from the cable ecosystem, though it did increase revenue from content licensing. A scene fro Show less Read more
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