earnings
confidence high
sentiment neutral
materiality 0.85
Netflix Q2 revenue $7.97B (+8.6% YoY), EPS $3.20; paid net adds -0.97M; announces ad tier for early 2023
NETFLIX INC
2022-Q2 EPS reported
$6.73
revenue$15,837,908,000
- Q2 revenue $7.97B (+8.6% YoY, +13% constant currency); EPS $3.20 vs $2.97 YoY.
- Paid net adds -0.97M, better than -2.0M forecast; total members 220.67M (+5.5% YoY).
- Q3 forecast: revenue $7.84B, EPS $2.14, paid net adds +1.0M.
- Announces ad-supported tier launching early 2023 with Microsoft; paid sharing monetization in 2023.
- Acquiring animation studio Animal Logic, expected close later 2022; full-year FCF ~$1B.