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AMC Networks Revenue Plummets 7%, Shares Dive 37%

5/10/2025

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Summary

Story summary

AMC Networks faced a challenging Q1, with revenue plummeting 7% to $555.2 million and adjusted earnings per share of 52 cents, disappointing investors. The stagnation of streaming subscribers at 10.2 million, coupled with a steep decline in advertising and affiliate revenues, has led to a staggering 37% drop in shares, now hovering around a disheartening $6.19.

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Story summary

AMC Networks faced a challenging Q1, with revenue plummeting 7% to $555.2 million and adjusted earnings per share of 52 cents, disappointing investors. The stagnation of streaming subscribers at 10.2 million, coupled with a steep decline in advertising and affiliate revenues, has led to a staggering 37% drop in shares, now hovering around a disheartening $6.19.