AMC Networks Stock Slips: What's Behind the Sharp Revenue and EPS Decline?
AMC Networks Stock Slips: What's Behind the Sharp Revenue and EPS Decline?
AMC Networks Inc. (NASDAQ:AMCX) reported a fiscal first-quarter 2024 revenue decline of 16.9% year over year to $596.46 million, missing the analyst consensus estimate of $602.60 million.
AMC Networks Inc.（納斯達克股票代碼：AMCX）報告稱，2024財年第一季度收入同比下降16.9％，至5.9646億美元，未達到分析師共識估計的6.026億美元。
The American entertainment company's adjusted EPS of $1.16 fell 55.7% year over year and missed the analyst consensus estimate of $1.67. The stock slid after the print.
這家美國娛樂公司調整後的每股收益爲1.16美元，同比下降55.7％，未達到分析師共識預期的1.67美元。印刷後股票下滑。
Domestic Operations: Affiliate revenue decreased 14% due to basic subscriber declines. Advertising revenues decreased 13% Y/Y to $140 million due to anticipated linear ratings declines and a challenging ad market.
國內業務：由於基本訂戶減少，會員收入下降了14％。由於預期的線性評級下降和廣告市場的挑戰，廣告收入同比下降13％，至1.4億美元。
Content licensing revenues declined 40% to $62 million as the corresponding 2023 period included deliveries of AMC Studios-produced series Silo.
內容許可收入下降了40％，至6200萬美元，因爲相應的2023年期間包括AMC Studios製作的系列的交付 筒倉。
Despite these setbacks, AMC Networks reported that streaming subscribers increased by 2% to 11.5 million across its offerings, including AMC+, which added "The Walking Dead: The Ones Who Live" starring Andrew Lincoln and Danai Gurira. This is compared to 11.2 million subscribers as of March 31, 2023.
儘管遇到了這些挫折，但AMC Networks報告稱，其產品的流媒體訂閱人數增長了2％，達到1150萬，其中包括AMC+，該公司增加了由安德魯·林肯和達奈·古里拉主演的《行屍走肉：活着的人》。相比之下，截至2023年3月31日，訂閱人數爲1,120萬。
The company returned to streaming subscriber growth in the third quarter of 2023 after two quarters of declines, the Hollywood Reporter reports.
據《好萊塢記者》報道，該公司在經歷了兩個季度的下降之後，於2023年第三季度恢復了流媒體用戶的增長。
Streaming revenues of $145 million increased 3%, primarily driven by year-over-year streaming subscriber growth and price increases.
流媒體收入爲1.45億美元，增長了3％，這主要是受流媒體訂戶同比增長和價格上漲的推動。
The consolidated adjusted operating income decreased 30.9% to $149.12 million, with free cash flow at $144.15 million.
調整後的合併營業收入下降了30.9％，至1.4912億美元，自由現金流爲1.4415億美元。
The company, helmed by CEO Kristin Dolan, is tilting toward data-led audience targeting for ad buying as marketing dollars continue to shift from linear TV networks to streaming platforms.
隨着營銷資金繼續從線性電視網絡轉移到流媒體平台，該公司由首席執行官克里斯汀·多蘭領導，正傾向於以數據爲導向的廣告購買受衆。
AMC Networks stock lost close to 8% in the last 12 months. Investors can gain exposure to the stock via Invesco Leisure And Entertainment ETF (NYSE:PEJ) and Schwab Strategic Trust Schwab Crypto Thematic ETF (NYSE:STCE).
在過去的12個月中，AMC Networks的股票下跌了近8％。投資者可以通過景順休閒娛樂ETF（紐約證券交易所代碼：PEJ）和施瓦布戰略信託基金施瓦布加密主題ETF（紐約證券交易所代碼：STCE）獲得股票敞口。
Price Action: AMCX shares are down 4.08% at $13.17 premarket at the last check Friday.
價格走勢：在週五的最後一次盤前檢查中，AMCX股價下跌4.08％，至13.17美元。