Netflix (NFLX) Tops Q1 EPS by 78c, Subs Miss

Netflix (NASDAQ: NFLX) reported Q1 EPS of $3.75, $0.78 better than the analyst estimate of $2.97. Revenue for the quarter came in at $7.16 billion versus the consensus estimate of $7.13 billion.

Global streaming paid net additions were 3.98 million versus the guidance of 6 million.

GUIDANCE:

The company sees Q2 Global streaming paid net additions of 1 million, versus the consensus of 4.4 million.

The company sees Q2 revenue of $7.3 billion, versus the consensus of $7.39 billion.

The company sees Q2 EPS of $3.16, versus the consensus of $2.68.

For earnings history and earnings-related data on Netflix (NFLX) click here.

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