NetFlix Inc

NASDAQ:NFLX   3:59:59 PM EDT
519.30
+0.39 (+0.08%)
4:22:31 PM EDT: $519.28 -0.02 (0.00%)
Other Pre-Announcement

Netflix Inc Reports Qtrly Earnings Per Share Of $2.97

Published: 07/20/2021 20:32 GMT
NetFlix Inc (NFLX) - Qtrly Earnings per Share $2.97.
Sees Q3 Earnings per Share $2.55.
Qtrly Streaming Net Additions 1.54 Million.
Sees Q3 Revenue $7,477 Million.
Sees Q3 Streaming Net Additions 3.5 Million.
Apac Region Represented About Two-thirds of Our Global Paid Net Adds in the Quarter.
Q2 Earnings per Share View $3.16, Revenue View $7.32 Billion -- Refinitiv Ibes Data (analyst estimates).
Q3 Earnings per Share View $2.17, Revenue View $7.48 Billion -- Refinitiv Ibes Data (analyst estimates).
Recently Expanded Our Low-cost Mobile-only Plan to an Additional 78 Countries Across South East Asia and Sub-saharan Africa.
Netflix - Believe Large Membership Base in Ucan, With Seasonally Smaller Quarter for Acquisition is Main Reason for Paid Ucan Memberships Being Down Versus Q1.
Netflix - Expect Content Amortization to Be Around $12 Billion for the Full Year.
Netflix - Games Will Be Included in Members’ Netflix Subscription at No Additional Cost Similar to Films and Series.
Netflix - Expect a Long Runway of Increasing Investment and Growth Across All of Our Existing Content Categories.
While We Are Continually Evaluating Opportunities, We Don’t View Any Assets As “must-have”.
Netflix - Found That the Mobile Only Plan Has Been an Effective Way to Introduce More Consumers to Netflix While Being Roughly Revenue Neutral.
Haven’t Yet Found Any Large Scale Assets to Be Sufficiently Compelling to Act Upon.