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Netflix (NFLX) Misses Q3 EPS by 39c, Revs Miss; Subs Miss

October 20, 2020 4:02 PM

Netflix (NASDAQ: NFLX) reported Q3 EPS of $1.74, $0.39 worse than the analyst estimate of $2.13. Revenue for the quarter came in at $6.44 billion versus the consensus estimate of $6.38 billion.

Netflix added 2.2 million global streaming net paid additions, versus 2.5 million the company previously predicted.

The company sees Q4 revenue of $6.572 and EPS of $1.35, versus the consensus of $6.58 billion and $0.94. The company sees 6 million global streaming net paid additions in Q4.

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

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