AMC Networks posts Q4 operating loss of $392M on impairment; adjusted operating income +34%

AMC Global Media Inc.

2022-FY EPS reported $0.17 revenue$3,096,545,000

Q4 net revenues $965M (+20% YoY); operating loss $392M includes impairment; adjusted operating income $137M (+34%).
Q4 diluted EPS $(6.11); adjusted EPS $2.52 vs $0.54 prior year.
Full year streaming revenue $502M (+35%); 11.8M subscribers as of Dec 31, 2022.
Full year free cash flow $103M, up from $71M; net cash from operations $182M.
Launched Anne Rice's Interview with the Vampire and Mayfair Witches; both renewed for second seasons.

item 2.02 item 9.01 item 99.1

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

AMC Global Media Inc. reported Q4 2022 results: revenue $965 million, EPS $(6.11).

Period: Q4 2022
Revenue: $965 million
EPS: $(6.11)
Result: reported results

Exact text from the filing

Net revenues increased 20% from the prior year to $965 million • Operating loss of $392 million; Adjusted Operating Income (1) increased 34% to $137 million • Diluted EPS of $(6.11); Adjusted EPS (1) of $2.52

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Source: SEC EDGAR

accession 0001514991-23-000006

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