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netflix-fourth-quarter-earnings-live-blog

Netflix Fourth-Quarter Earnings Live Blog

Netflix’s Q4 revenue consensus stands at $7.71 billion (16% annual growth), while its GAAP EPS consensus is $0.83. Analysts expect Netflix to report 8.2 million paid subscriber net adds for the seasonally big fourth quarter (a little below its guidance of 8.5 million) and to guide for 5.8 million first-quarter net adds. Netflix also says it didn’t buy back any stock in Q4, citing its $686M purchase of the Roald Dahl Story Company. The company ended 2021 with $6B in cash and $15.4B in debt. The Invesco QQQ Trust is down 1.1% AH following the Nasdaq-100 following Netflix’s report. . . .

Read more at www.thestreet.com