$Netflix(NFLX.US) -9% AH after guiding to lighter than expected 2Q revs and EPS, and announcing that founder and Board Chair Reed Hastings would not stand for re-election. FY’26 Rev guidance was unchanged vs prior guidance despite 1Q results beating across all metrics.
1Q actuals:- Revs $12.25B vs $12.17B est- EPS $1.23 vs $0.76 (includes $2.6B WBD exit fee)- Operating margin 32.3% vs 32.4% expected2Q guide:- Revs $12.57B vs $12.64B est- EPS $.78 vs $.84 estFY’26 guide:- Revs +12-14% YoY to $50.7B-$51.7B (same as before)- Operating margin 31.5% vs 32.0% est (same as before)- Adv revenue $3B (no change)- FCF $12.5B vs $11B prior due to WBC termination feeThe copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments