2 weeks ago - globenewswire.com

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced the pricing of $125 million aggregate principal amount of 4.25% convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, the Company has granted the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes. The offering of the notes is expected to close on June 21, 2024, subject to satisfaction of customary closing conditions.

2 weeks ago - deadline.com

Shares of AMC Networks plunged more than 35% Monday as the company said it plans put up for sale $125 million-worth of convertible senior notes due in 2029 in a private offering, plus additional notes for up to $18.75 million.

2 weeks ago - investorplace.com

AMC Networks (NASDAQ: AMCX ) stock is falling on Monday after the video entertainment company announced plans for a private offering of convertible senior notes due 2029. AMC Networks notes that this convertible offering will raise $125 million for the company.

2 weeks ago - benzinga.com

U.S. stock futures were mixed this morning, with the Dow futures falling around 50 points on Monday.

2 weeks ago - globenewswire.com

NEW YORK, June 17, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company” or “AMC Networks”) today announced that it intends to offer, subject to market conditions and other factors, $125 million aggregate principal amount of convertible senior notes due 2029 in a private offering to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Securities Act”). In connection with the offering of the notes, AMC Networks expects to grant the initial purchasers an option to purchase, for settlement within a 13-day period beginning on, and including, the first day on which the notes are issued, up to an additional $18.75 million aggregate principal amount of the notes.

4 weeks ago - seekingalpha.com

AMC Networks is facing challenges in its core business, leading to declining revenue and profitability. The company's streaming services, including AMC+, show potential for growth and hidden value. Shares of AMC Networks are attractively priced, but long-term issues in the industry may limit upside potential.

1 month ago - investorplace.com

As this month's Roaring Kitty meme wave has now come and gone, it's time to skip on names like AMC Entertainment (NYSE: AMC ), and look at far better entertainment stocks to buy for growth and value. Even as AMC stock has coughed back most of its gains from this short-lived meme rallies, shares in the movie theater chain remain at risk of experiencing additional sharp price declines.

1 month ago - seekingalpha.com

AMC Networks Inc. (NASDAQ:AMCX ) Q1 2024 Earnings Call Transcript May 10, 2024 8:30 AM ET Company Participants Nicholas Seibert - VP, Corporate Development and IR Kristin Dolan - Chief Executive Officer Patrick O'Connell - Chief Financial Officer Dan McDermott - President Entertainment and AMC Studios Kimberly Kelleher - Chief Commercial Officer Conference Call Participants David Joyce - Seaport Research Partners Thomas Yeh - Morgan Stanley Robert Fishman - MoffettNathanson Charles Wilber - Guggenheim Securities Steven Cahall - Wells Fargo Operator Good day, and thank you for standing by. Welcome to the AMC Networks First Quarter 2024 Earnings Call.

1 month ago - zacks.com

The headline numbers for AMC Networks (AMCX) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

1 month ago - globenewswire.com

NEW YORK, May 10, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. ("AMC Networks" or the "Company") (NASDAQ: AMCX) today reported financial results for the first quarter ended March 31, 2024.

1 month ago - zacks.com

AMC Networks (AMCX) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

2 months ago - zacks.com

Beyond analysts' top -and-bottom-line estimates for AMC Networks (AMCX), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended March 2024.

2 months ago - zacks.com

AMC Networks (AMCX) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 months ago - zacks.com

AMC Networks (AMCX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

2 months ago - deadline.com

Comcast said chairman and chief executive Brian Roberts' pay package for 2023 totaled $35.47 million, up from $32 million the year before. It included a $2.5 million base salary, stock awards valued at about $15 million, $9.2 million in option awards and $8.

2 months ago - globenewswire.com

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.

3 months ago - globenewswire.com

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”).

3 months ago - globenewswire.com

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.

3 months ago - globenewswire.com

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 interest to, but excluding, the Redemption Date (the “Redemption Price”).

3 months ago - globenewswire.com

NEW YORK, March 25, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (Nasdaq: AMCX) (the “Company”) announced today that it has commenced a cash tender offer (the “Offer”) to purchase any and all of its outstanding 4.75% Senior Notes due 2025 (the “Notes”).

3 months ago - globenewswire.com

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.

4 months ago - seekingalpha.com

AMC Networks is facing challenges from cord-cutting, but continues to generate strong free cash flow and focus on niche quality content. The company leverages spin-off shows from highly praised content to generate revenue and create new hits. Positive momentum in their streaming business could offset declines in cable and contribute to future growth.

4 months ago - globenewswire.com

NEW YORK, Feb. 15, 2024 (GLOBE NEWSWIRE) -- AMC Networks Inc. (NASDAQ: AMCX) today announced that Patrick O'Connell, Executive Vice President and Chief Financial Officer, will participate in the J.P. Morgan 2024 Global High Yield and Leveraged Finance Conference on Tuesday, February 27, 2024, at 9:30 A.M. Eastern Time.

4 months ago - zacks.com

AMC Networks (AMCX) is technically in oversold territory now, so the heavy selling pressure might have exhausted. This along with strong agreement among Wall Street analysts in raising earnings estimates could lead to a trend reversal for the stock.

4 months ago - fool.com

Revenue fell sharply, and AMC Networks came up short on the bottom line in its fourth-quarter earnings report. The company is struggling with the transition to streaming.