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AMC Networks Increased Its Free Cash Flow Guidance to Approximately $550M of Cumulative Free Cash Flow Over the FY24 and FY25 Two-year Period, Up From a Prior Outlook of $500M
AMC Networks Inc. Class A AMCX | 6.97 6.97 | -2.92% 0.00% Post |
AMC Networks Chief Executive Officer Kristin Dolan said: "We are pleased and encouraged by our results in the fourth quarter and across all of 2024. We achieved our full-year guidance across all key financial metrics, including generating healthy free cash flow of $331 million. Our free cash flow performance to date has been strong and we are increasing our expectations to approximately $550 million of cumulative free cash flow over the '24/'25 two-year period.