Netflix (NFLX) Tops Q2 EPS by 4c, Subs Miss

Netflix (NASDAQ: NFLX) reported Q2 EPS of $0.60, $0.04 better than the analyst estimate of $0.56. Revenue for the quarter came in at $4.92 billion versus the consensus estimate of $4.93 billion.

The company added 2.7 million global streaming subscribers in the quarter, versus 5 million expected.

The company expects to add 7 million global streaming subscribers in Q3.

The company sees Q3 EPS of $1.04 and revenue of $5.25 billion, versus the consensus of $1.04 and $5.25 billion.

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

You May Also Be Interested In

• Needham Upgrades Netflix (NFLX) to Buy, 'on Rev Upside from Tech Stack'
• Wipro (WIT) Tops Q1 EPS by 1c
• Procter & Gamble (PG) Tops Q3 EPS by 11c, Revenues Miss