NFLX
$356.97
Netflix
$6.35
1.81%
Earnings Details
1st Quarter March 2019
Tuesday, April 16, 2019 4:00:00 PM
Tweet Share Watch
Summary

Netflix Beats but Guides Lower

Netflix (NFLX) reported 1st Quarter March 2019 earnings of $0.76 per share on revenue of $4.5 billion. The consensus earnings estimate was $0.57 per share on revenue of $4.5 billion. The Earnings Whisper number was $0.60 per share. Revenue grew 22.2% on a year-over-year basis.

The company said in its shareholders letter it expects second quarter earnings of approximately $0.55 per share on revenue of approximately $4.928 billion. The current consensus earnings estimate is $0.90 per share on revenue of $4.93 billion for the quarter ending June 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
$0.76
Earnings Whisper
$0.60
Consensus Estimate
$0.57
Reported Revenue
$4.52 Bil
Revenue Estimate
$4.49 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases First-Quarter 2019 Financial Results

LOS GATOS, Calif., April 16, 2019 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its first-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 Q1'19 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 Eric Sheridan, UBS. Questions that investors would like to see asked should be sent to eric.sheridan@ubs.com.

About Netflix, Inc.

Netflix is the world's leading internet entertainment service with over 139 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-first-quarter-2019-financial-results-300833167.html

SOURCE Netflix, Inc.