NFLX
$364.70
Netflix
$18.30
5.28%
Earnings Details
3rd Quarter September 2018
Tuesday, October 16, 2018 4:01:00 PM
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Summary

Netflix Beats but Guides Lower

Netflix (NFLX) reported 3rd Quarter September 2018 earnings of $0.89 per share on revenue of $4.0 billion. The consensus earnings estimate was $0.68 per share on revenue of $4.0 billion. The Earnings Whisper number was $0.70 per share. Revenue grew 34.0% on a year-over-year basis.

The company said in its shareholders letter it expects fourth quarter earnings of approximately $0.23 per share on revenue of approximately $4.199 billion. The current consensus earnings estimate is $0.48 per share on revenue of $4.27 billion for the quarter ending December 31, 2018.

Netflix Inc operates as an Internet television network providing TV shows & movies which include original series, documentaries & feature films. The Company has three segments namely Domestic streaming, International streaming & Domestic DVD.

Results
Reported Earnings
$0.89
Earnings Whisper
$0.70
Consensus Estimate
$0.68
Reported Revenue
$4.00 Bil
Revenue Estimate
$3.99 Bil
Growth
Earnings Growth
Revenue Growth
Guidance
Power Rating
Grade
Earnings Release

Netflix Releases Third-Quarter 2018 Financial Results

LOS GATOS, Calif., Oct. 16, 2018 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its third-quarter 2018 financial results by posting them to its website.  Please visit the Netflix investor relations website at http://ir.netflix.com to view the Q3'18 financial results and letter to shareholders.

Netflix, Inc. Logo. (PRNewsfoto/Netflix, Inc.)

A video interview with Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells, Chief Content Officer Ted Sarandos, Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time at youtube.com/netflixir.  The interview will be conducted by Eric Sheridan, UBS. Questions that investors would like to see asked should be sent to eric.sheridan@ubs.com.

About Netflix, Inc.

Netflix is the world's leading internet entertainment service with over 130 million memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/netflix-releases-third-quarter-2018-financial-results-300732218.html

SOURCE Netflix, Inc.