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AMC Networks sees FY24 revenue about $2.4B, consensus $2.43B
The Fly

AMC Networks sees FY24 revenue about $2.4B, consensus $2.43B

Says pleased with results in Q3. Says Amazon (AMZN) remains ‘very significant’ partner on multiple fronts. Says continues to focus on making ‘great content’. Says sees ‘significant opportunities’ to participate in new offerings from channel partners. Says seeing momentum across all platforms. Says ‘strong’ upcoming slate on AMC and AMC+. Says reoriented company for today’s new environment. Says remains consistent in strategic, financial priorities. Says continues to focus on optimizing monetization of IP. Says capital allocation priorities remain prudent. Sees FY24 consolidated AOI $550M-$575M. Comments taken from Q3 earnings conference call.

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