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.
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