NFLX
$360.77
Netflix
($4.10)
(1.12%)
Earnings Details
Quarter December 2022
Thursday, January 19, 2023 4:00:00 PM
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Summary

Netflix Misses

Netflix (NFLX) reported Quarter December 2022 earnings of $0.12 per share on revenue of $7.9 billion. The consensus earnings estimate was $0.47 per share on revenue of $7.8 billion. The Earnings Whisper number was $0.67 per share. Revenue grew 1.9% on a year-over-year basis.

The company said in its shareholders letter it expects first quarter earnings of approximately $2.82 per share on revenue of approximately $8.17 billion. The current consensus earnings estimate is $2.97 per share on revenue of $8.13 billion for the quarter ending March 31, 2023.

Netflix is the world's leading streaming entertainment service with 222 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages.

Results
Reported Earnings
$0.12
Earnings Whisper
$0.67
Consensus Estimate
$0.47
Reported Revenue
$7.85 Bil
Revenue Estimate
$7.82 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Fourth-Quarter 2022 Financial Results

LOS GATOS, Calif., Jan. 19, 2023 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its fourth-quarter 2022 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.net to view the Q4'22 financial results and letter to shareholders. 

A video interview with Netflix Founder and Executive Chairman Reed Hastings, co-CEO Ted Sarandos, co-CEO Greg Peters, Chief Financial Officer Spence Neumann 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 Jessica Reif Ehrlich, BofA Securities. Questions that investors would like to see asked should be sent to jessica.reif@bofa.com.

About Netflix, Inc.

Netflix is one the world's leading entertainment services with 223 million paid memberships in over 190 countries enjoying TV series, films and games across a wide variety of genres and languages. Members can play, pause and resume to watch as much as they want, anytime, anywhere, and can change their plans at any time.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/netflix-releases-fourth-quarter-2022-financial-results-301726134.html

SOURCE Netflix, Inc.