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Netflix Earnings Beat, Revenue Inline In Q4 -Breaking

by Mike Robinson

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© Reuters. Netflix Earnings Beat, Revenue Inline In Q4

Netflix (NASDAQ:), Investing.com and Netflix reported Thursday that the fourth quarter beat expectations.

Netflix posted earnings per share (EPS) of $1.33 on revenues of $7.71B. Investing.com polled analysts and predicted EPS at $0.8454 for $7.71B in revenue.

Netflix shares have fallen 15% since the start of the year. However, they are still 27.50% below its 52-week high of $700.99 on November 17, 2021. They have outperformed the Nasdaq by 9.53% over the same period.

After-hours trading on Netflix saw Netflix share prices fall by 100.00% following the news.

Netflix earnings follow other top Communication Services sectors this month

Netflix’s latest earnings miss by Nextplay Technologies was January 13. Nextplay reported an EPS report of $-0.1 on $4.2M revenue, while forecasts were for EPS at $-0.075.

On January 13, TuanChe beat all expectations with a fourth quarter earnings per share of $-0.12 on $61.1M in revenue, as compared to the forecast of EPS at $-1.87 for $128.77M.

You can keep up-to date on the latest earnings reports by visiting Investing.com’s earnings calendar

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