Categories AlphaGraphs, Earnings, Leisure & Entertainment
NFLX Earnings: Key quarterly highlights from Netflix’s Q1 2022 financial results
Netflix Inc. (NASDAQ: NFLX) reported first quarter 2022 earnings results today.
Total revenue grew 9.8% year-over-year to $7.8 billion.
Net income was $1.59 billion, or $3.53 per share, compared to $1.70 billion, or $3.75 per share, in the year-ago period.
While earnings beat estimates, revenues fell short of expectations.
Global streaming paid memberships increased 6.7% YoY to 221.64 million. However, the company lost 200,000 subscribers during the quarter.
For the second quarter of 2022, Netflix expects revenue to grow 9.7% YoY to $8 billion. Net income is expected to be $1.35 billion, or $3.00 per share.
The stock plummeted 25% during after-hours following the earnings report.
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CPB Earnings: Key quarterly highlights from Campbell Soup’s Q3 2023 financial results
Campbell Soup Company (NYSE: CPB) reported its third quarter 2023 earnings results today. Net sales increased 5% year-over-year to $2.23 billion. Organic sales also rose 5%. Net earnings attributable to
Key takeaways from J.M. Smucker’s (SJM) Q4 2023 earnings report
Shares of the J.M. Smucker Co. (NYSE: SJM) were down over 2% on Tuesday despite the company beating expectations on its earnings results for the fourth quarter of 2023. The
Oracle (ORCL) looks set to report strong Q4 results next week
After a period of lackluster performance, Oracle Corporation (NYSE: ORCL) got a much-needed boost as the software giant expanded its cloud business aggressively in recent years. The company has outperformed