AMC Networks gains on Q3 profit beat

AMC Global Media

03/11/2023 18:33

** Shares of entertainment company AMC Networks Inc  AMCX.O 
up 15.7% at $15.25
    ** Co reports Q3 adj profit of $1.85 per share, ahead of
analysts estimates of $1.28 per share
    ** Co, however, misses Q3 rev estimates
    ** We are well-positioned to achieve our free cash flow
goals for the year, says co
    ** AMCX shares down 3.6% YTD

 (Reporting by Rupali Chaudhary in Bengaluru)
 ((Rupali.chaudhary@thomsonreuters.com))