AMC Networks Inc Class A

AMCX: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
	$26.00	Bmxk	Rfmxxbtm

AMC Continues to Add Streaming Subscribers; Maintaining 2022 Guidance Despite Topline Miss

Neil Macker

May 5, 2022

AMC posted a mixed start to 2022. While revenue was soft during the first quarter, management reiterated full-year guidance. The focus on niche streaming platforms seems to be working, as AMC’s services added over 430,000 new customers to end the quarter with over 9.5 million subscribers. We are maintaining $58 FVE.

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