secwatch.observer — SEC 8-K summary
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Issuer:     NETFLIX INC (NFLX)
CIK:        0001065280
Form:       8-K
Filed at:   2022-10-18T23:59:59+00:00
Accession:  0001065280-22-000367
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Netflix Q3 revenue $7.93B, EPS $3.10, net adds 2.41M; Q4 guidance weak, ending membership forecast
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- Q3 revenue $7,926M (+5.9% YoY), operating income $1,533M, net income $1,398M, diluted EPS $3.10.
- Paid memberships 223.09M; net adds 2.41M vs 1.0M forecast; APAC added 1.4M, EMEA 0.6M.
- Q4 guidance: revenue $7,776M, EPS $0.36, paid net adds 4.5M; full-year FX headwind ~$1B revenue, $0.8B op income.
- Will stop providing paid membership guidance after Q4'22; will still report regional memberships quarterly.
- Ad-supported plan launching Nov 1-10 in 12 countries; account sharing monetization to roll out early 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1065280/000106528022000367/0001065280-22-000367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1065280/000106528022000367/nflx-20221018.htm
  HTML page:      https://secwatch.observer/filing/0001065280-22-000367

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