earnings
confidence high
sentiment positive
materiality 0.85
Netflix beats Q3 paid net adds forecast; revenue $7.48B (+16% YoY); EPS $3.19
NETFLIX INC
2021-Q3 EPS reported
$9.90
revenue$21,988,526,000
- Added 4.38M paid subscribers vs. 3.5M forecast; ending paid memberships 213.56M.
- Revenue $7.48B (+16% YoY); operating income $1.76B (+33% YoY); operating margin 23.5%.
- Diluted EPS $3.19 vs. $1.74 a year ago; includes $136M non-cash FX gain.
- Q4 guidance: paid net adds 8.5M; operating margin ~6.5% due to backloaded content slate.
- Squid Game becomes biggest TV show ever with 142M member households in first four weeks.