Disney's streaming business (sans ESPN+) turns a quarterly profit [Los Angeles Times (CA)]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
Company Research
Source: Los Angeles Times
The Burbank media and entertainment giant reported overall streaming business revenue of $6.19 billion for the second fiscal quarter of 2024, up 12% compared with a year earlier. Disney's streaming business — which includes Disney+, Hulu and ESPN+ — reported an operating loss of $18 million for the three-month period that ended March 30, a 97% change from last year, when it reported losing $659 million. The company's “entertainment streaming” business, which consists only of Disney+ and Hulu (and not ESPN+), was profitable during the quarter, notching operating income of $47 million, compared with a loss of $587 million a year earlier. Excluding ESPN+, streaming revenue of $5.64 billion was up 13% from a year earlier. Overall, Disney generated $22.1 billion in revenue that quarter, up 1% from the same period a year earlier. Sales came in roughly in line with analysts' estimates, according to FactSet. Earnings, excluding certain items, were $1.21 per share, up from 93 cents a year
Show less
Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFLX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFLX alerts
High impacting Netflix, Inc. news events
Weekly update
A roundup of the hottest topics
NFLX
News
- Netflix (NFLX) Unveils Trailer of South Korean Series Hierarchy [Yahoo! Finance]Yahoo! Finance
- 4 Top-Performing Liquid Stocks to Strengthen Portfolio Returns [Yahoo! Finance]Yahoo! Finance
- ‘Outer Range' Dethroned In Amazon Prime Video's Top 10 List By A New Show [Forbes]Forbes
- Netflix, Inc. (NASDAQ: NFLX) had its price target raised by analysts at Evercore ISI from $650.00 to $700.00. They now have an "outperform" rating on the stock.MarketBeat
- The 10 Best New Movies On Netflix In May 2024 (Updated) [Forbes]Forbes
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/22/24 - Form 4
- 5/21/24 - Form 144
- 5/10/24 - Form 4
- NFLX's page on the SEC website