secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2021-10-19T23:59:59+00:00
Accession:  0001065280-21-000362
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netflix beats Q3 paid net adds forecast; revenue $7.48B (+16% YoY); EPS $3.19
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528021000362/0001065280-21-000362-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528021000362/nflx-20211019.htm
  HTML page:      https://secwatch.observer/filing/0001065280-21-000362

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