$418.07. Shares of Netflix were down 10% in extended trading Wednesday after the company released its earnings report for the second quarter. Netflix reported first-quarter earnings of $709 million, or $1.57 a share, compared with $344 million, or 76 cents a share, in the year-ago period. Why Engagement Is So Important for Netflix Jun 14, 2020. Data is currently not available. For the first time, more than half of Netflix’s subscribers are based outside the United States. Here were the key numbers in Netflix's Q2 earnings: Q2 revenue : $4.92 billion, versus Wall Street estimates of $4.93 billion and Netflix's forecast of $4.93 billion. Moreover, Netflix forecasts second-quarter 2019 earnings of 55 cents per share. Overview. Quarterly Earnings. NFLX Netflix, Inc. Common Stock.
Q2 subscriber outlook. 2. Netflix shares had a bumpy ride in 2019. The Zacks Consensus Estimate for earnings has been steady at 56 cents over the past 30 days. Profile; Long-Term View; Top Investor Questions; Content Accounting Overview Netflix stock plunges on big miss in paid subscriber additions in Q2 July 17, 2019 July 19, 2019 Netflix ( NASDAQ: NFLX ) stock tumbled 11% during pre-market trading on Wednesday after the streaming giant said it added only 2.7 million paid subscribers in Q2 2019, missing its own target of 5 million. They fell dramatically after the company reported a 29.7% decline in adjusted earnings per share and as U.S. users fell for the first time in nearly 10 years. One area investors will likely watch closest when Netflix reports earnings is management's guidance for Q2 subscriber growth.
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