NFLX
$357.12
Netflix
($5.87)
(1.62%)
Earnings Details
4th Quarter December 2019
Tuesday, January 21, 2020 4:00:00 PM
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Summary

Netflix Beats

Netflix (NFLX) reported 4th Quarter December 2019 earnings of $1.30 per share on revenue of $5.5 billion. The consensus earnings estimate was $0.52 per share on revenue of $5.4 billion. The Earnings Whisper number was $0.58 per share. Revenue grew 30.6% on a year-over-year basis.

The company said in its shareholders letter it expects first quarter earnings of approximately $1.66 per share on revenue of approximately $5.731 billion. The current consensus earnings estimate is $1.13 per share on revenue of $5.76 billion for the quarter ending March 31, 2020.

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
$1.30
Earnings Whisper
$0.58
Consensus Estimate
$0.52
Reported Revenue
$5.47 Bil
Revenue Estimate
$5.44 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Fourth-Quarter 2019 Financial Results

LOS GATOS, Calif., Jan. 21, 2020 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its fourth-quarter 2019 financial results by posting them to its website.  Please visit the Netflix investor relations website at http://netflixinvestor.com to view the Q4'19 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 Spence Neumann, 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 Michael Morris, Guggenheim Securities. Questions that investors would like to see asked should be sent to michael.morris@guggenheimpartners.com.

About Netflix, Inc.

Netflix is the world's leading streaming entertainment service with over 158 million paid 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-fourth-quarter-2019-financial-results-300990644.html

SOURCE Netflix, Inc.