Earnings summaries and quarterly performance for AMC Networks.
Executive leadership at AMC Networks.
Kristin Dolan
Chief Executive Officer
Dan McDermott
President- Entertainment and AMC Studios
Kim Kelleher
Chief Commercial Officer
Michael J. Sherin III
Executive Vice President and Chief Accounting Officer
Patrick O’Connell
Executive Vice President and Chief Financial Officer
Salvatore Romanello
Executive Vice President and General Counsel
Board of directors at AMC Networks.
Aidan Dolan
Director
Brian Sweeney
Director
Carl Vogel
Director
Christopher Cox
Director
Debra Perelman
Director
James Dolan
Chairman of the Board
Joseph Cohen
Director
Leonard Tow
Director
Matthew Blank
Director
Patrick Dolan
Director
Stephen Mills
Director
Thomas Dolan
Director
Vincent Tese
Director
Research analysts who have asked questions during AMC Networks earnings calls.
David Joyce
Seaport Research Partners
4 questions for AMCX
Thomas Yeh
Morgan Stanley
4 questions for AMCX
Steven Cahall
Wells Fargo & Company
3 questions for AMCX
Charles Wilber
Guggenheim Securities
2 questions for AMCX
John Hodulik
UBS Group AG
1 question for AMCX
Recent press releases and 8-K filings for AMCX.
- AMC Networks reported Q3 2025 consolidated net revenue of $562 million, a 6% year-over-year decline, and consolidated AOI of $94 million, a 28% decrease. The company reiterated its full-year 2025 guidance, expecting approximately $250 million in free cash flow, approximately $2.3 billion in consolidated revenue, and consolidated AOI in the range of $400 million-$420 million.
- Streaming revenue grew 14% in Q3 2025, reaching 10.4 million subscribers, and is projected to be the largest single source of revenue in the domestic segment for the full year. This growth helped offset a 13% decline in affiliate revenue.
- Key strategic developments include renewed content licensing with Netflix, expanded distribution agreements with DirecTV and Cox, and a new Amazon Prime Video triple bundle. Digital advertising commitments increased 40% in the upfront.
- The company reduced its total employee base by less than 5% through a voluntary buyout program and continued to focus on debt reduction, repurchasing $9 million of senior notes and paying down $166 million of term loan A.
- AMC Networks Inc. reported net revenues of $562 million for the third quarter ended September 30, 2025, a 6% decrease from the prior year. Diluted EPS increased 81.6% to $1.38, while Adjusted EPS decreased 80.2% to $0.18.
- The company generated $42 million in Free Cash Flow for Q3 2025 and increased its full-year Free Cash Flow outlook to $250 million.
- Streaming revenue growth accelerated, with domestic streaming revenues increasing 14% to $174 million and streaming subscribers growing 2% to 10.4 million as of September 30, 2025.
- AMC Networks is transitioning to a global streaming and technology-focused content company, with streaming revenue expected to be its largest single source of domestic revenue this year.
- AMC Networks reported net revenues of $562 million for Q3 2025, a 6% decrease from the prior year, with diluted EPS of $1.38 and Adjusted EPS of $0.18.
- The company generated $42 million in Free Cash Flow for the quarter and remains on track to achieve its increased full-year outlook of $250 million.
- Streaming revenue increased 14% to $174 million, contributing to flat Domestic Operations subscription revenues, and streaming subscribers grew 2% to 10.4 million as of September 30, 2025.
- Operational highlights include renewing long-term affiliate agreements with DirecTV and Netflix, and launching a triple bundle with Amazon Prime Video.
- During Q3 2025, the company repurchased $9.2 million principal amount of its 4.25% senior notes due 2029, and had $125 million remaining under its share repurchase authorization as of September 30, 2025.
- AMC Networks Inc. filed an 8-K on October 30, 2025, announcing Amendment No. 5 to its Credit Agreement, which became effective on October 29, 2025.
- The amendment updates the company's financial covenants, including the Interest Coverage Ratio and Cash Flow Ratio.
- The Interest Coverage Ratio requirement is set at 2.00 to 1.00 from Q3 2024 to Q3 2028, and will subsequently be 1.75 to 1.00 from Q4 2028 onwards.
- The Cash Flow Ratio limit is 5.75 to 1.00 until March 31, 2026, and will then be 5.50 to 1.00 after that date.
- The amortization schedule for Extended Term A Loans has been extended, with the final principal repayment installment due on October 29, 2030.
- SearchKings introduced SearchKings TV (SKTV), a new TV advertising solution built on Comcast’s Universal Ads API, designed to democratize TV advertising for small and mid-sized businesses.
- SKTV provides SearchKings' over 5,000 home service-based clients with direct access to hyper-local, premium TV advertising, featuring integrated measurement and geo-targeted ads with zip code level precision.
- Initial trials of SKTV demonstrated positive results, including a 22% decrease in average cost per lead for Air Clinic and a 45% decrease in cost per lead, 47% growth in lead volume, and 100% increase in organic calls for Hi-Tech Plumbing & Air, all year over year.
- The Universal Ads API, part of Comcast Corporation, enables developers to build TV ad buying solutions and provides SKTV access to content from more than 15 major publishers, including AMC Networks.
Quarterly earnings call transcripts for AMC Networks.
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