+

Cookies on the Business Insider India website

Business Insider India has updated its Privacy and Cookie policy. We use cookies to ensure that we give you the better experience on our website. If you continue without changing your settings, we\'ll assume that you are happy to receive all cookies on the Business Insider India website. However, you can change your cookie setting at any time by clicking on our Cookie Policy at any time. You can also see our Privacy Policy.

Close
HomeQuizzoneWhatsappShare Flash Reads
 

LIVE: Netflix's Q2 earnings

Jul 19, 2016, 01:13 IST

Ethan Miller/Staff/Getty Images

Netflix is reporting its Q2 earnings today after market close.

Advertisement

The focus for Wall Street will be on Netflix's subscriber growth numbers, both international and domestic. At its last quarterly earnings, Netflix reported strong subscriber growth numbers for Q1, but provided a forecast for international subscriber growth in Q2 that was way below Wall Street targets. That sent the stock crashing.

Analysts are expecting Netflix to hit the modest goals it set for itself on both international and domestic fronts.

We will be refreshing this post, so click here for the latest updates.

Here are the numbers:

Advertisement

  • Q2 EPS (GAAP): Wall Street forecasts 2 cents, versus Netflix guidance of 2 cents.
  • Q2 Revenue: Wall Street forecasts $2.11 billion.
  • Q2 US subscriber growth (net additions): Wall Street forecasts 509,000, versus Netflix guidance of 500,000.
  • Q2 international subscriber growth (net additions): Wall Street forecasts 2.15 million, versus Netflix guidance 2.0 million.
  • Q3 subscriber growth guidance (domestic): Wall Street forecasts 695,000.
  • Q3 subscriber growth guidance (international): Wall Street forecasts 2.54 million.

NOW WATCH: How to find Netflix's secret categories

Please enable Javascript to watch this video
You are subscribed to notifications!
Looks like you've blocked notifications!
Next Article