Earnings

Netflix (NFLX) Q1 2021 earnings

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(L-R) Reed Hastings and Ted Sarandos attend the “Marseille” Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France.

Stephane Cardinale | Corbis | Getty Images

Netflix shares fell as much as 11% in after-hours trading after reporting a large miss in subscriber numbers in its first-quarter earnings report. The company also said it only expects to add about 1 million subscribers in the current quarter.

Here are the key numbers:

  • Earnings per share (EPS): $3.75, vs $2.97 expected, according to Refinitiv survey of analysts
  • Revenue: $7.16 billion, vs $7.13 billion expected, according to Refinitiv
  • Global paid net subscriber additions: 3.98 million vs 6.2…



Source cnbc.com

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