AMC Networks Shares Fall After Big EPS Miss, Despite Netflix Deal and Raised Guidance
AMC Networks stock moved lower in pre-market trading after the company reported a sharply larger-than-expected adjusted loss and weaker-than-anticipated revenue for the quarter ended June 30. The results included an adjusted loss of -$0.28 per share versus analyst expectations of -$0.06 and net revenue of $547.5 million, down 9% year-over-year and …