NFLX
$549.22
Netflix
$9.20
1.70%
Earnings Details
Quarter December 2020
Tuesday, January 19, 2021 4:00:00 PM
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Summary

Netflix Misses

Netflix (NFLX) reported Quarter December 2020 earnings of $1.19 per share on revenue of $6.6 billion. The consensus earnings estimate was $1.38 per share on revenue of $6.6 billion. The Earnings Whisper number was $1.57 per share. Revenue grew 21.5% on a year-over-year basis.

The company said in its shareholders letter it expects first quarter earnings of approximately $2.97 per share on revenue of approximately $7.129 billion. The current consensus earnings estimate is $2.12 per share on revenue of $6.89 billion for the quarter ending March 31, 2021.

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
$1.19
Earnings Whisper
$1.57
Consensus Estimate
$1.38
Reported Revenue
$6.64 Bil
Revenue Estimate
$6.60 Bil
Growth
Earnings Growth
Revenue Growth
Power Rating
Grade
Earnings Release

Netflix Releases Fourth-Quarter 2020 Financial Results

LOS GATOS, Calif., Jan. 19, 2021 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its fourth-quarter 2020 financial results by posting them to its website. Please visit the Netflix investor relations website at http://ir.netflix.net to view the Q4'20 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 Kannan Venkateshwar, Barclays Capital. Questions that investors would like to see asked should be sent to kannan.venkateshwar@barclayscapital.com.

About Netflix, Inc.

Netflix is the world's leading streaming entertainment service with over 195 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-fourth-quarter-2020-financial-results-301211153.html

SOURCE Netflix, Inc.