secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2022-07-19T23:59:59+00:00
Accession:  0001065280-22-000256
Event type: earnings
Sentiment:  neutral
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netflix Q2 revenue $7.97B (+8.6% YoY), EPS $3.20; paid net adds -0.97M; announces ad tier for early 2023
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528022000256/0001065280-22-000256-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528022000256/nflx-20220719.htm
  HTML page:      https://secwatch.observer/filing/0001065280-22-000256

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer