News Formal

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

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

Netflix Nyheter

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.

Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 47. in SE
 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

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 ...
Källa: YahooFinanceCA - 🏆 47. / 63 Läs mer »