Netflix beats growth predictions with 15.77M net new subscribers [TechCrunch Blog]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: TechCrunch Blog
With almost everyone stuck at home thanks to the COVID-19 pandemic,NetflixBefore the current crisis, Netflix hadforecastMeanwhile, the company also reported revenue of $5.77 billion and earnings per share of $1.57 — roughly in line with Wall StreetpredictionsIn itsinvestor letterFirst, our membership growth has temporarily accelerated due to home confinement. Second, our international revenue will be less than previously forecast due to the dollar rising sharply. Third, due to the production shutdown, some cash spending on content will be delayed, improving our free cash flow, and some title releases will be delayed, typically by a quarter.For now, Netflix is treating this growth as a short-term spike, with viewing and growth declining as “progress against the virus will allow governments to lift the home confinement soon.” So it’s forecasting a mere 7.5 million global net additions in Q2.As for how the global halt to movie and TV production might affect the service’s content plans, t
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- Netflix Only Buying Warner Bros. To Sabotage A Rival Streamer? [Yahoo! Finance]Yahoo! Finance
- Cinemas and unions sound alarms over Netflix-Warner Bros. deal [Los Angeles Times (CA)]Los Angeles Times
- I Can't Believe This Addictive Netflix Thriller Is Still Living Rent-Free Inside My Head [CNET News]CNET News
- Netflix–Warner Bros. deal sets pp $72 billion antitrust test [Fortune]Fortune
- Netflix Breaks From 'Build, Not Buy' With Warner Bros. Deal [Yahoo! Finance]Yahoo! Finance
NFLX
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- 10/21/25 - Miss
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- 12/5/25 - Form 8-K/A
- 12/5/25 - Form 8-K
- 12/2/25 - Form 4
- NFLX's page on the SEC website