$Netflix(NFLX.US) -7.7% AH after posting 2Q results in line with consensus but offering 3Q and FY’26 guidance that missed expectations. Mgmt is blaming the 2026 Winter Olympics and World Cup for its misses but investors will continue to focus on NFLX lack of new content.
2Q results:- Revs $12.56B vs $12.58B est- Adj EPS $.80 vs $.79 est- Operating income $4.19B vs $4.13B est- Operating margin 33.4% vs 33.0% est3Q guidance:- Revs $12.86B vs. $13.0B est- Adj EPS $.82 vs $.84 est- Operating income $4.27B vs $4.36B estFY’26 guidance:- Revs $51.0B-$51.4B vs $50.7B-$51.7B prior ($51.4B est)- FY rev growth 13-14% vs 12-14% prior- Advertising rev unch’d at $3BThe copyright of this article belongs to the original author/organization.
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