LIVE: Netflix's 2nd Quarter Earnings
Analyst are expecting these targets for the second quarter:
- EPS: $0.40
- Revenue: $1.07 billion
Those estimates compare with the following guidance offered by the company for this quarter:
- EPS: $0.36
- Revenue: $832 million
This time around, Netflix is doing something highly unusual. It's skipping the standard analyst conference call in favor of a live talk on CNBC.
CEO Reed Hastings and CFO David Wells will host a video discussion about the company's financial results and outlook. The conversation will be moderated by analyst Rich Greenfield of BTIF Research and CNBC's Julia Boorstin. Viewers can submit questions via email or Twitter.
Analyst and investors will be paying close attention to Netflix's new domestic streaming subscribers. Last quarter, Netflix said it would hope to add between 230,000 and 880,000 new U.S. streaming subscribers in Q2, ending the quarter with approximately 30.05 million domestic subscribers.
- I'm an interior designer. Here are 10 things in your living room you should get rid of.
- A software engineer shares the résumé he's used since college that got him a $500,000 job at Meta — plus offers at TikTok and LinkedIn
- A 101-year-old woman keeps getting mistaken for a baby on flights and says it's because American Airlines' booking system can't handle her age
- The Role of AI in Journalism
- 10 incredible Indian destinations for family summer holidays in 2024
- 7 scenic Indian villages perfect for May escapes
- Paneer snacks you can prepare in 30 minutes
- Markets crash: Investors' wealth erodes by ₹2.25 lakh crore
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market