NFLX
$326.40
Netflix
($11.09)
(3.29%)
Earnings Details
2nd Quarter June 2018
Monday, July 16, 2018 4:05:00 PM
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Summary

Netflix Beats but Guides Lower

Netflix (NFLX) reported 2nd Quarter June 2018 earnings of $0.85 per share on revenue of $3.9 billion. The consensus earnings estimate was $0.80 per share on revenue of $3.9 billion. The Earnings Whisper number was $0.81 per share. Revenue grew 40.3% on a year-over-year basis.

The company said in its shareholders letter it expects third quarter earnings of approximately $0.68 per share on revenue of approximately $3.99 billion. The current consensus earnings estimate is $0.71 per share on revenue of $4.14 billion for the quarter ending September 30, 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
$0.85
Earnings Whisper
$0.81
Consensus Estimate
$0.80
Reported Revenue
$3.91 Bil
Revenue Estimate
$3.94 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Second-Quarter 2018 Financial Results

LOS GATOS, Calif., July 16, 2018 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-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 Q2'18 financial results and letter to shareholders.

Netflix, Inc. Logo. (PRNewsfoto/Netflix)

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/netflixirhttp://www.youtube.com/netflixir.  The interview will be conducted by Todd Juenger, Bernstein. Questions that investors would like to see asked should be sent to todd.juenger@bernstein.com.

About Netflix, Inc.

Netflix is the world's leading internet entertainment service with 125 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 with multimedia:http://www.prnewswire.com/news-releases/netflix-releases-second-quarter-2018-financial-results-300681533.html

SOURCE Netflix, Inc.