Netflix (NFLX) Misses Q1 EPS by 8c; Subs Double Views

Netflix (NASDAQ: NFLX) reported Q1 EPS of $1.57, $0.08 worse than the analyst estimate of $1.65. Revenue for the quarter came in at $5.77 billion versus the consensus estimate of $5.76 billion.

The company posted global streaming paid net additions of 15.77 million, versus 7 million the company previously expected. The company now has 182.86 million global streaming paid members.

The company sees Q2 revenues of $6.048 billion, versus the consensus of $5.97 billion. They see Q2 EPS of $1.81 versus the consensus of $1.54. The company sees Q2 global streaming paid net additions of 7.5 million.

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

You May Also Be Interested In

• ​Trump said he was unaware of his earnings from crypto
• RBC Capital Downgrades Bucher Industries AG (BUCN:SW) (BCHHF) to Sector Perform
• Elevance (ELV) PT Raised to $482 at Bernstein SocGen