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AMC Global Media: Q2 Earnings Snapshot
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NEW YORK (AP) — NEW YORK (AP) — AMC Global Media Inc. (AMCX) on Thursday reported a second-quarter loss of $21.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the New York-based company said it had a loss of 51 cents. Losses, adjusted for amortization costs and to extinguish debt, were 28 cents per share.

The owner of cable channels including AMC and IFC posted revenue of $547.5 million in the period, which missed Street forecasts. Three analysts surveyed by Zacks expected $562.7 million.

AMC Global Media shares have increased nearly 8% since the beginning of the year. The stock has increased 71% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AMCX at https://www.zacks.com/ap/AMCX

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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