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.
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