JPMorgan Quick Take on Netflix (NFLX) Earnings
JPMorgan Analyst Jack Atherton comments on Netflix (NASDAQ: NFLX) Earnings.
The analyst comments "Q3 beat vs guide (+2.4m vs +1m) and Q4 guide +4.5m vs +4-5m whisper. FCF better as well for Q3 and they’re reiterating the FY guide (Q4 OPM guide a little light). Only issue with this release to point to in that the company will no longer be giving Qly net adds guidance from Q4 earnings. Conf call at 6pm and questions will be conducted by JPM’s Doug Anmuth – all focus is going to be on advertising."