AMC Networks (NASDAQ: AMCX) stock gained after it reported fiscal second-quarter 2025 results on Friday.
The company reported a quarterly revenue decline of 4.1% year over year to $600.02 million, beating the analyst consensus estimate of $582.04 million.
The American entertainment company’s adjusted EPS of 69 cents fell 44.4% Y/Y, topping the analyst consensus estimate of 61 cents.
Also Read: AMC Networks’ Sales Drop As Analyst Warns Of ‘Continued Pressure’ On Revenue
Domestic operations revenues decreased 2% to $527 million.
Subscription revenues decreased 1% to $320 million due to declines in the linear subscriber universe, partially offset by streaming revenue growth.
Streaming revenues increased 12% to $169 million primarily due to the impact of price increases across its services.
Streaming subscribers increased …