AMC Networks continues to struggle with declining revenue, posting $555.2 million in Q1 2025, down 6.9% from last year. The company's net income plunged by over 60% to $18 million, and earnings per share fell 67% to $0.34 amid ongoing challenges in the linear TV market. Although subscription numbers remained steady at 10.2 million, it still reflects a slight decrease from the end of 2024. The results signify a continuing trend of contraction primarily influenced by the broader decline in cable television viewership.
AMC Networks reported $555.2 million in revenue for Q1 2025, a drop of 6.9% year-over-year, largely due to declining linear TV subscriptions.
The company saw a significant decline in net income, reporting $18 million, down 60.6% compared to the previous year, highlighting ongoing financial challenges.
Despite subscriber numbers holding steady at 10.2 million, this figure represents a near 2% decrease from 2024, indicating a slight trend in subscriber attrition.
Earnings per share fell dramatically by 67% year-over-year to $0.34, which underscores the severe impact the shrinking cable market is having on AMC Networks.
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