Netflix (NFLX) Tops Q2 EPS; Subs Beat
(Updated - July 19, 2022 4:03 PM EDT)
Netflix (NASDAQ: NFLX) reported Q2 EPS of $3.20, $0.24 better than the analyst estimate of $2.96. Revenue for the quarter came in at $7.97 billion versus the consensus estimate of $8.03 billion.
Netflix had global streaming paid net additions in the quarter of -970K, versus an expected loss of 2 million.
The company sees Q3 revenue of $7.84 billion and EPS of $2.14, versus the consensus of $8.08 billion and $2.77. The company expects to add 1 million global streaming paid net additions in Q3.
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