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- Company news: Netflix (NFLX) quarterly earnings slightly top analysts’ expectations
Ekonomické zprávy
19.04.2023
Company news: Netflix (NFLX) quarterly earnings slightly top analysts’ expectations
Netflix (NFLX) reported Q1 FY2023 earnings of $2.88 per share (versus $3.53 per share in Q1 FY2022), marginally beating analysts’ consensus estimate of $2.87 per share.
The company’s quarterly revenues amounted to $8.162 bln (+3.7% y/y), roughly in line with analysts’ consensus estimate of $8.178 bln.
Netflix's global streaming paid net adds in Q1 FY2023 were +1.75 mln versus analysts’ forecast of just over 2 mln.
The company also issued downside guidance for Q2 FY2023, seeing EPS of $2.84 versus analysts’ consensus estimate of $3.08 and revenues of $8.242 bln versus analysts’ consensus estimate of $8.47 bln.
NFLX fell to $330.50 (-0.96%) in pre-market trading.
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