NFLX
$119.13
Netflix
($1.68)
(1.39%)
Earnings Details
3rd Quarter September 2016
Monday, October 17, 2016 4:05:00 PM
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Summary

Netflix Beats

Netflix (NFLX) reported 3rd Quarter September 2016 earnings of $0.12 per share on revenue of $2.3 billion. The consensus earnings estimate was $0.06 per share on revenue of $2.3 billion. The Earnings Whisper number was $0.09 per share. Revenue grew 31.7% on a year-over-year basis.

The company said in its shareholders letter it expects fourth quarter earnings of approximately $0.13 per share. The current consensus earnings estimate is $0.09 per share for the quarter ending December 31, 2016.

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
$0.12
Earnings Whisper
$0.09
Consensus Estimate
$0.06
Reported Revenue
$2.29 Bil
Revenue Estimate
$2.28 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Third-Quarter 2016 Financial Results

Netflix, Inc. (NFLX) has released its third-quarter 2016 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.com to view the Q3’16 financial results and letter to shareholders.

http://photos.prnewswire.com/prnvar/20101014/SF81638LOGO

Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells and Chief Content Officer Ted Sarandos will participate in a live video interview at 2:00 p.m. Pacific Time at youtube.com/netflixir. The interview will be conducted by Ben Swinburne, Morgan Stanley and Scott Devitt, Stifel. Questions that investors would like to see asked should be sent to benjamin.swinburne@morganstanley.com or swdevitt@stifel.com.

About Netflix, Inc.

Netflix is the world’s leading Internet television network with over 83 million members in over 190 countries enjoying more than 125 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any Internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

Logo - http://photos.prnewswire.com/prnh/20101014/SF81638LOGO

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/netflix-releases-third-quarter-2016-financial-results-300346007.html

SOURCE Netflix, Inc.

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