MARKET COMPOSITE
AMCX - AMC Networks Inc7:59:57 PM 4/26/2024
Price
$10.82
-0.51 (-4.50%)
AMC Networks Inc. is an American entertainment company headquartered in 11 Penn Plaza, New York, that owns and operates the cable channels AMC , IFC, We TV, BBC America , and SundanceTV; the art house movie theater IFC Center in New York City; the independent film companies IFC Films and RLJE Films; and premium streaming services Sundance Now and Shudder. In addition, the company operates AMC Networks International, its global division. The company was originally launched in 1980 and formerly known as Rainbow Media Holdings, LLC , a subsidiary of Cablevision, but was spun off as a publicly traded company in July 2011. The company is majority-owned and controlled by the Dolan family.
Financials
Quarterly financials
(USD)Dec 2023Q/Q
Revenue678.8MM+7%
Gross Profit284.9MM-
Cost Of Revenue393.9MM+38%
Operating Income-11.4MM-109%
Operating Expenses296.4MM-
Net Income-21.8MM-134%
G&A197MM+5%
Amortization9.8MM-
Interest Expense37.4MM-4%
Stock Chart

Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from 

Finra

Moving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.

Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.

Stock news

    NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) will host a conference call to discuss results for the first quarter 2024 on Friday, May 10, 2024 at 8:30 a.m. Eastern Time. AMC Networks will issue a press release reporting its results before the market opening. The conference call will be webcast live via the company’s website at investors.amcnetworks.com. To access the conference call via telephone, please pre-register for the call to obtain the dial-in number and

    GREENWICH, Conn., April 22, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds will host its 16th Annual Media & Entertainment Symposium at the Harvard Club in New York City on Thursday, June 6, 2024. The symposium will feature discussions with leading companies and organizations across the media ecosystem, with an emphasis on industry dynamics, current trends, and business fundamentals, as well as Sports Investing and Advertising Panels. Attendees will also have the opportunity to meet with management in a

    As the Q4 earnings season wraps, let's dig into this quarter's best and worst performers in the broadcasting industry, including TEGNA (NYSE:TGNA) and its peers.

    Looking back on broadcasting stocks' Q4 earnings, we examine this quarter's best and worst performers, including E.W. Scripps (NASDAQ:SSP) and its peers.

    Some stocks are best avoided. We don't wish catastrophic capital loss on anyone. Spare a thought for those who held AMC...

    NEW YORK, April 05, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced the early results, as of 5:00 p.m. New York City time, on April 5, 2024 (the “Early Tender Date”) of its previously announced cash tender offer (the “Offer”) to purchase any and all of its outstanding 4.75% Senior Notes due 2025 (the “Notes”). The terms and conditions of the Offer are described in an Offer to Purchase, dated March 25, 2024 (the “Offer to Purchase”), which was previously distri

    NEW YORK, March 26, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it has priced an offering of $875 million aggregate principal amount of 10.25% senior secured notes due 2029 (the “Notes”) in a private offering, which represents an increase of $175 million in aggregate principal amount of the Notes from the amount announced at the launch of the offering. The Notes will be unconditionally guaranteed, on a joint and several basis,

    Earnings results often give us a good indication of what direction a company will take in the months ahead. With Q4 now behind us, let’s have a look at Gray Television (NYSE:GTN) and its peers.

    NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has given notice of its intention to redeem all of its outstanding 4.75% Senior Notes due 2025 (CUSIP Number 00164V AE3) (the “Notes”) on April 24, 2024 (the “Redemption Date”). If the condition to the redemption of the Notes described below is satisfied, the Notes will be redeemed at a redemption price of 100.000% of the principal amount of the Notes plus accrued and unpaid inte

    NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (“AMC Networks” or the “Company”) (Nasdaq: AMCX) today announced that it intends to offer, subject to market conditions and other factors, $700 million aggregate principal amount of senior secured notes due 2029 (the “Notes”) in a private offering. The Notes will be unconditionally guaranteed, on a joint and several basis, by each of AMC Networks’ existing and future domestic subsidiaries, subject to certain exceptions, on a senior s