Netflix (NFLX) Q3 results


$NFLX RESULTS: Q3

Revenue $8.54B, +7.8% y/y, EST $8.53B
EPS $3.73 vs. $3.10 y/y, EST $3.49.

Streaming paid net change +8.76M vs. +2.41M y/y, EST +6.20M.
UCAN streaming paid net change +1.75M vs. +100,000 y/y, EST +1.22M
EMEA streaming paid net change +3.95M vs. +570,000 y/y, EST +2.22M
LATAM streaming paid net change +1.18M vs. +310,000 y/y, EST +1.15M
APAC streaming paid net change +1.88M, +31% y/y, EST +1.41M

Streaming paid memberships 247.15M, +11% y/y, EST 244.41M

Operating margin 22.4% vs. 19.3% y/y, EST 22.1%
Operating income $1.92B, +25% y/y, EST $1.9B

Free cash flow $1.89B vs. $472M y/y, EST $1.27B

FORECAST: Q4
Sees revenue $8.69B, EST $8.76B
Sees EPS $2.15, EST $2.17
Sees operating margin 13.3%, EST 14%

YEAR FORECAST
Sees free cash flow $6.5B, saw at least $5B, EST $5.27B
Sees operating margin 20%, saw 18% to 20%, EST 19.8%

Source: https://twitter.com/DeItaone/status/1714734542873854047


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