Netflix posts another strong quarter of subscriber gains as earnings surge past estimates

📆 18-04-24 22:04:00
📰 YahooFinanceCA

⏱ Reading Time:
24 sec. here
4 min. at publisher
📊 Quality Score:
News: 20%
Publisher: 63%

Netflix Nouvelles

Consensus Estimates,Consensus Expectations

Netflix reported first quarter earnings after the bell on Thursday. Here's what to know.

) reported first quarter earnings that beat across the board on Thursday with another 9 million-plus subscribers added in the quarter. Shares climbed above 3% in after-hours trading.

Revenue beat Bloomberg consensus estimates of $9.27 billion to hit $9.37 billion in the quarter, an increase of 14.8% compared to the same period last year, as the streamer leaned on revenue initiatives like itsEarnings per share also beat estimates in the quarter with the company reporting EPS of $5.28, well above consensus expectations of $4.52 and nearly double the $2.88 EPS figure it reported in the year-ago period. Netflix guided to second quarter EPS of $4.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

Écrire un Commentaire

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Apple's antitrust fallout, Reddit's debut: Thursday's market takeawaysThe DOJ launched its antitrust suit against Magnificent 7 tech giant Apple (AAPL). While shares of the company fell, the remainder of the tech sector seemed ...
La source: YahooFinanceCA - 🏆 47. / 63 Lire la suite »