NFLX
$291.44
Netflix
($5.49)
(1.85%)
Earnings Details
2nd Quarter June 2019
Wednesday, July 17, 2019 4:00:00 PM
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Summary

Netflix Reports In-line

Netflix (NFLX) reported 2nd Quarter June 2019 earnings of $0.60 per share on revenue of $4.9 billion. The consensus earnings estimate was $0.56 per share on revenue of $4.9 billion. The Earnings Whisper number was $0.60 per share. Revenue grew 26.0% on a year-over-year basis.

The company said in its shareholders letter it expects third quarter earnings of approximately $1.04 per share on revenue of approximately $5.25 billion. The current consensus earnings estimate is $1.04 per share on revenue of $5.25 billion for the quarter ending September 30, 2019.

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
$0.60
Earnings Whisper
$0.60
Consensus Estimate
$0.56
Reported Revenue
$4.92 Bil
Revenue Estimate
$4.93 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Second-Quarter 2019 Financial Results

LOS GATOS, Calif., July 17, 2019 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2019 financial results by posting them to its website.  Please visit the Netflix investor relations website at http://ir.netflix.com to view the Q2'19 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/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 internet entertainment service with over 148 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-second-quarter-2019-financial-results-300886873.html

SOURCE Netflix, Inc.