Latest in Netflix Earnings

Netflix execs drilled down on the streamer's newest push, games, calling it a part of the service just like any other from kids' fare to unscripted to local language. "It's not a separate product. We are a one-product company," said co-CEO Ted Sarandos. He and others from the company's executive suite spoke during an…

Netflix will report its second-quarter results Wednesday during a period of dramatic change in the streaming sector, as bulls and bears marshal evidence for their contrasting views of the company’s future. Believers in the long-term viability of Netflix point to its global footprint and programming juggernaut, with…

Ahead of Netflix’s quarterly earnings report on Tuesday, new figures from a Wall Street analyst show it smashed all records in the third quarter by releasing 676 hours of original programming, up 50% from the second quarter. Cowen & Co. analyst John Blackledge delivered the eye-catching stat as part of his monthly…

UPDATED with closing price: Divergent opinions about Netflix’s prospects continue to ricochet around Wall Street in the wake of the company’s second-quarter earnings miss, but investors today could sum up their feelings in a single word: sell. The company’s shares, which had surged nearly 110% in 2018, imputing a…

Netflix has hit it out of the park again, reporting the addition of 7.41 million net new global subscribers in the first quarter, up 50% from a year ago and nearly 1 million above the consensus prediction of Wall Street analysts. The company now has 125 million subscribers around the world, up from 117.6 million a…

UPDATED with executive comments: The Netflix juggernaut shows few signs of slowing. After the close of trading today, the company reported a 49% year-over-year increase in global subscribers in the third quarter. The global tally now stands at 104 million. In the quarter, Netflix added 850,000 new customers in the…

Netflix shares are up about 9.6% in post-market trading after it reported that it added 1.1 million domestic subscribers in Q2, well ahead of the 631,000 that the Street anticipated. The company forecasts an increase of 750,000 in Q3, topping expectations for 731,000. Net income for the quarter, at $65.6 million was…

UPDATED: CEO Reed Hastings told analysts that the likely price increase is due to the fact that “over the last couple of years we’ve been improving the content selection on Netflix and broadening it.” For that to continue, “we have to eventually increase prices a little bit.” He’d consider having tiers of service but…

Shares are up 17+% in after hours trading after the streaming video company walloped analyst expectations for Q4. Netflix reported net income of $48.4M, +513% vs the same period last year, on revenues of $1.18B, +24.3%. The top line was ahead of forecasts for $1.17B. And earnings at 79 cents a share were well ahead of…

A lot of investors seem to think so. Netflix shares rose 6.1% today — closing at $247.38, the highest that number’s been in nearly two years — after the company said that it will replace its usual audio quarterly conference call with a live video discussion. On July 22 CEO Reed Hastings and CFO David Wells will answer…

UPDATE, 2:10: PM: Netflix closed at $60.28, which is -25.02% – and its lowest closing price over the last 52-weeks. During the trading day it also touched $59.20, the lowest intra-day price for the last 52 weeks. Trading volume was unusually heavy, at 24.7M shares; that’s the fourth biggest trading day for Netflix…

In early trading Netflix shares are down about 3.3% from yesterday’s $74.47 close — and flirting with the possibility of ending the day at a new 52-week low. Investors are still trying to make sense of last night’s announcement that it struck two deals to raise $400M, with a warning that it expects a net loss in 2012…