Categories LATEST
Netflix Q2 2023 Earnings Call: Listen Live and Follow Along with the Real-Time Transcript
Video streaming giant Netflix, Inc. (NASDAQ: NFLX) is expected to publish its June quarter results today after the closing bell. The market will be closely following the event looking for updates on recent developments like the crackdown on password-sharing.
Listen to Netflix’s Q2 2023 earnings call live and read the real-time transcript
After reporting mixed first-quarter results, the company’s profit is estimated to have declined to $2.86 per share in Q2 from $3.2 per share in the corresponding period last year. The consensus is slightly below the guidance issued by the management earlier. Market watchers predict revenues of $8.3 billion for the second quarter, which is up 4% from the prior-year period.
In the first three months of 2023, Netflix’s paid streaming membership rose to 232.5 million, continuing the recent uptrend. First-quarter revenues increased modestly to $8.16 billion, while earnings declined 18% year-over-year to $2.88 per share.
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
CL Earnings: Key quarterly highlights from Colgate-Palmolive’s Q2 2024 financial results
Colgate-Palmolive Company (NYSE: CL) reported its second quarter 2024 earnings results today. Net sales increased 4.9% year-over-year to $5 billion. Organic sales increased 9%. Net income attributable to Colgate-Palmolive Company was $731
Key takeaways from Visa’s Q3 2024 earnings report
Credit card behemoth Visa, Inc. (NYSE: V) this week reported mixed results for the June quarter, with earnings matching expectations and sales slightly missing the view. Both numbers grew in
Southwest Airlines (LUV): A look at the airline’s performance in Q2 2024
Shares of Southwest Airlines Co. (NYSE: LUV) were up over 6% on Thursday after the company beat earnings estimates for the second quarter of 2024. The stock has gained 4%