Netflix (NFLX) Q4 Earnings Crush Estimates, Revenues Up Y/Y
Netflix NFLX reported fourth-quarter 2019 earnings of $1.30 per share that beat the Zacks Consensus Estimate by a massive 150% and jumped 333.3% year over year.
...
Revenues of $5.47 billion increased 30.6% year over year and beat the consensus mark of $5.44 billion. Excluding a negative impact of $133 million related to unfavorable foreign exchange, streaming ARPU grew 12% from the year-ago quarter.
Netflix added 8.76 million paid subscribers globally, which decreased 0.9% year over year but was better than management’s guidance of 7.60 million.
At the end of 2019, Netflix had 167.09 million paid subscribers globally, up 20% from the year-ago quarter and better than management’s expectation of 165.93 million paid subscribers, globally.
...
https://finance.yahoo.com/news/netflix-n...01930.html
Netflix NFLX reported fourth-quarter 2019 earnings of $1.30 per share that beat the Zacks Consensus Estimate by a massive 150% and jumped 333.3% year over year.
...
Revenues of $5.47 billion increased 30.6% year over year and beat the consensus mark of $5.44 billion. Excluding a negative impact of $133 million related to unfavorable foreign exchange, streaming ARPU grew 12% from the year-ago quarter.
Netflix added 8.76 million paid subscribers globally, which decreased 0.9% year over year but was better than management’s guidance of 7.60 million.
At the end of 2019, Netflix had 167.09 million paid subscribers globally, up 20% from the year-ago quarter and better than management’s expectation of 165.93 million paid subscribers, globally.
...
https://finance.yahoo.com/news/netflix-n...01930.html
__________________