secwatch.observer — SEC 8-K summary
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Issuer:     AMC Global Media Inc. (AMCX)
CIK:        0001514991
Form:       8-K
Filed at:   2023-05-09T23:59:59+00:00
Accession:  0001514991-23-000020
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01, 99.1
LLM model:  deepseek-v4-flash:cloud@v2

AMC Networks Q1 net revenue $717M, up 1% YoY; adj op income $216M (+2%); streaming subs 11.5M, up 22%
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- Net revenues $717M (+1% YoY); operating income $173M (-1%); adjusted operating income $216M (+2%) with 30% margin.
- Diluted EPS $2.36; adjusted EPS $2.62 (+3.1% from $2.54 in prior year).
- Streaming subscribers grew 22% YoY to 11.5M; ad-supported AMC+ tier planned for later in 2023.
- Free cash flow -$144M vs -$35M in Q1 2022, reflecting timing of working capital and investments.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1514991/000151499123000020/0001514991-23-000020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1514991/000151499123000020/amcx-20230509.htm
  HTML page:      https://secwatch.observer/filing/0001514991-23-000020

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer