AMC Networks Q1 EPS Misses, Revenue Beats as Streaming Rises 11%
AMC Networks reported Q1 EPS of $0.08, missing estimates of $0.22, while revenue of $542.13 million beat projections of $540.67 million yet fell 2.4% year-over-year. Streaming revenue grew 11% to $174 million, free cash flow reached $65 million and AMC refinanced $861 million of 2029 notes into 2032 notes.
1. Q1 Financial Results
AMC Networks delivered Q1 EPS of $0.08, missing consensus of $0.22, while revenue of $542.13 million beat estimates of $540.67 million but declined 2.4% year-over-year.
2. Streaming Growth and Free Cash Flow
Streaming revenue rose 11% to $174 million, and the company generated $65 million in free cash flow, reflecting strong operational momentum in digital offerings.
3. Debt Refinancing and Balance Sheet
AMC Networks refinanced $861 million of 2029 notes into 2032 notes, and maintains a low debt-to-equity ratio of 0.04 alongside a current ratio of 1.75.