earnings
confidence high
sentiment positive
materiality 0.75
AMC Networks Q4 2024: adj. op. income $129M; FY free cash flow $331M; guides to ~$550M cumulative FCF over 24/25
AMC Global Media Inc.
2024-FY EPS reported
-$5.10
revenue$2,421,314,000
- Full year 2024 net revenue $2,421M; operating loss $40M includes $400M impairment & $49M restructuring charges.
- FY adjusted operating income $563M (23% margin); adjusted EPS $3.86; free cash flow $331M.
- Q4 net revenue $599M; diluted EPS $(6.38); adjusted EPS $0.64; adjusted operating income $129M (22% margin).
- Streaming revenue up 7% to $603M; subscribers 12.4M (+8% YoY); renewed key affiliate and Amazon Prime Video Channels deals.
- Management increased cumulative free cash flow guidance to approx. $550M for 2024-2025 two-year period.