NFLX - Netflix Q2 Earnings Highlights: Revenue Beat EPS Beat Advertising Revenue 'More Meaningful' 'Squid Game' Multiplayer Game Coming | Benzinga
Streaming giant Netflix Inc (NASDAQ:NFLX) reported second-quarter financial results after the market close Thursday.
Here are the key highlights.
What Happened: Netflix reported second-quarter revenue of $9.56 billion, up 16.8% year-over-year. The revenue total beat a Street consensus estimate of $9.53 billion, according to data from Benzinga Pro.
The company reported second-quarter earnings per share of $4.88, beating a Street consensus estimate of $4.75.
Netflix ended the second quarter with 277.65 million paid members, adding 8.05 million paid members in the quarter. Paid members grew 16.5% year-over-year, but came in shy of the 9.33 million paid members added in the first quarter.
The company highlighted "Bridgerton," "Baby Reindeer," "Queen of Tears," "The Great Indian Kapil Show," "Hit Man" and "The Roast of Tom Brady" as hit shows, movies and live premieres in the ...