AMC Networks, Inc. (NASDAQ: AMCX) reported fiscal first-quarter 2025 outcomes on Friday. The corporate reported a quarterly income decline of 6.9% yr over yr to $555.23 million, lacking the analyst consensus estimate of $569.37 million.
The American leisure firm’s adjusted EPS of 52 cents fell 55.2% Y/Y, lacking the analyst consensus estimate of 80 cents.
Home Operations: Affiliate income decreased 12% to $156 million as a result of fundamental subscriber declines.
Additionally Learn: AMC Networks This fall Earnings: Streaming Income And Subscriber Progress Cushions Income Decline
Promoting revenues decreased 15% Y/Y to $119 million as a result of linear scores declines. Content material licensing revenues decreased 13% to $54 million because of the availability of deliveries.
AMC Networks reported that streaming subscribers have been 10.2 million as of March 31, 2025, according to streaming subscribers as of March 31, 2024.
Streaming revenues of $157 million elevated by 8%, primarily pushed by worth will increase. Worldwide revenues decreased 7% from the prior yr to $69.9 million.
The consolidated adjusted working revenue decreased 30% to $104.5 million.
Working money move for the quarter fell 27.9% YoY to $108.8 million, whereas the free money move fell 34.7% to $94.19 million. AMC Networks ended the quarter with money and equivalents stability of $870.23 million.
Value Motion: On the final test on Friday, AMC Networks inventory was down 6.94% to $5.76.
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