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AMC Networks posts higher quarterly revenue
February 26, 2013 / 1:50 PM / 5 years ago

AMC Networks posts higher quarterly revenue

Feb 26 (Reuters) - Cable network AMC Networks Inc, which airs popular shows such as “The Walking Dead” and “Mad Men,” reported higher quarterly revenue on a 16 percent rise in advertising sales.

Net income fell to $15.2 million, or 21 cents per share, in the fourth quarter, from $29.5 million, or 41 cents per share, a year earlier.

Revenue rose 8 percent to $366.7 million. Advertising revenue rose 16 percent to $157 million.

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