Previous close | 13.73 |
Open | 11.66 |
Bid | 12.90 x 200 |
Ask | 12.99 x 200 |
Day's range | 11.66 - 13.21 |
52-week range | 9.87 - 20.97 |
Volume | |
Avg. volume | 682,303 |
Market cap | 570.14M |
Beta (5Y monthly) | 1.22 |
PE ratio (TTM) | 2.64 |
EPS (TTM) | 4.90 |
Earnings date | 10 May 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 12.67 |
Performance Trails Analyst Expectations with a Strategic Focus on Streaming and Content Innovation
Shares of television broadcasting and production company AMC Networks (NASDAQ:AMCX) fell 8.4% in the pre-market session after the company reported first quarter results. The company's operating margin missed, and its EPS fell short of Wall Street's estimates. On the other hand, free cash flow beat handily. AMC Networks also strengthened their balance sheet by completing a series of financing transactions to extend debt maturities. Overall, this was a mixed quarter for AMC Networks.
The television company, which produces “The Walking Dead,” cited “declines in the linear subscriber universe” for a drop in subscription revenue.