NFLX
$514.25
Netflix
($5.05)
(.97%)
Earnings Details
2nd Quarter June 2021
Tuesday, July 20, 2021 4:00:00 PM
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Summary

Netflix Misses

Netflix (NFLX) reported 2nd Quarter June 2021 earnings of $2.97 per share on revenue of $7.3 billion. The consensus earnings estimate was $3.16 per share on revenue of $7.3 billion. The Earnings Whisper number was $3.24 per share. Revenue grew 19.4% on a year-over-year basis.

The company said in its shareholders letter it expects third quarter earnings of approximately $2.55 per share on revenue of approximately $7.477 billion. The current consensus earnings estimate is $2.14 per share on revenue of $7.48 billion for the quarter ending September 30, 2021.

Netflix is the world's leading streaming entertainment service with 204 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
$2.97
Earnings Whisper
$3.24
Consensus Estimate
$3.16
Reported Revenue
$7.34 Bil
Revenue Estimate
$7.32 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Second-Quarter 2021 Financial Results

LOS GATOS, Calif., July 20, 2021 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2021 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.net to view the Q2'21 financial results and letter to shareholders.

A video interview with Netflix co-CEO Reed Hastings, co-CEO & Chief Content Officer Ted Sarandos, Chief Financial Officer Spence Neumann, COO & 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 Nidhi Gupta, Fidelity Management & Research Co. Questions that investors would like to see asked should be sent to nidhi.gupta@fmr.com.

About Netflix, Inc.

Netflix is the world's leading streaming entertainment service with 208 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:https://www.prnewswire.com/news-releases/netflix-releases-second-quarter-2021-financial-results-301337757.html

SOURCE Netflix, Inc.