Showing posts with label Reed Hastings. Show all posts
Showing posts with label Reed Hastings. Show all posts

2018-10-16

Netflix $NFLX Q3 2018 Earnings Video Interview Oct 16, 6pm EDT

Q3 '18 Earnings Interview

Netflix Investor Relations video above published Oct 16, 2018.

House of Cards: Season 6 (Netflix Official Trailer)


House of Cards Season 6 Coming to Netflix on November 2.
 Netflix Q3 2018 Earnings Interview
Netflix Q3 2018 Earnings Video Interview October 16, 2018 6pm EDT 

$NFLX
Netflix, Inc.
NASDAQ: NFLX
Principal domain: Netflix.com
Investor Relations: netflixinvestor.com

Q3 2018 Earnings Release--Netflix third-quarter 2018 financial results and business outlook--letter to shareholders (pdf) and financial statements (xlsx). $NFLX shares are UP in after hours trading.

See also Netflix Crushes Estimates, Renewing Faith After July Letdown--Streaming giant adds 6.96 million users globally in quarter,  Outlook shows international markets will pace company’s growth--Bloomberg.com.

A video interview with Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells, Chief Content Officer Ted Sarandos, Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 6:00 p.m. EDT. The discussion will be moderated by Eric Sheridan, UBS, with questions submitted via email.  Questions from investors should be submitted as well in advance as possible for inclusion to eric.sheridan @ ubs.com. The video interview can be accessed on the Netflix Investor Relations YouTube channel.

Netflix is a media services provider, headquartered in Los Gatos, California, founded in 1997 by Reed Hastings and Marc Randolph in Scotts Valley, California. 

The primary business of Netflix is its subscription-based streaming media service, which offers online streaming films and television programs including those produced in-house. As of July 2018, Netflix has 130 million total subscribers worldwide, including 57.38 million in the United States. Its service is available worldwide except mainland China, Syria, North Korea and Crimea. Netflix also has offices in the Netherlands, Brazil, India, Japan, and South Korea.

See also: Barry Diller Says Hollywood Risks Getting Overtaken by Amazon and Netflix.



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2018-07-16

Netflix $NFLX Q2 2018 Earnings Interview July 16, 6pm EDT

Netflix Q2 2018 Earnings Interview

Netflix Investor Relations video published Jul 16, 2018
Netflix, Inc.
  • Netflix Second Quarter 2018 Earnings Interview above. Letter to shareholders below--shares are down in after-hours trading on the NASDAQ July 16, 2018.
  • Date and Time: Jul 16, 2018, 6:00 PM EDT
  • Principal domain: netflix.com
  • Investor Relations: netflixinvestor.com / ir.netflix.com

UPDATE Netflix Q2 2018 Letter to shareholders:

Stock Exchange: Symbol || NASDAQ: NFLX
$NFLX
Have We Reached Peak Netflix?
Can the streaming giant keep up its scintillating subscriber growth, particularly overseas, and retain the trust of investors as it continues to spend billions of dollars a year on content? TheStreet.com’s Annie Gaus and Eric Jhonsa give their perspectives (date published June 30, 2018).

source: Statista.com
source: Statista.com
source: Statista.com
source: Statista.com


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2018-04-16

Netflix $NFLX Q1 2018 Financial Results, Webcast April 16, 6 pm EDT

Netflix Q1 2018 Earnings Interview

Netflix Q1 2018 Earnings Interview

$NFLX UP 118% over the past 12 months
Netflix, Inc. 
Principal domain: netflix.com
Stock Exchange: symbol  |  NASDAQ: NFLX: 307.78 USD −3.87 (1.24%) (close April 16, 2018)

Q1 2018 Netflix Results Webcast: a video interview with Netflix Chief Executive Officer Reed Hastings, Chief Financial Officer David Wells, Chief Content Officer Ted Sarandos, Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 pm Pacific Time (6 pm EDT). The discussion will be moderated by Ben Swinburne, Morgan Stanley, with questions submitted via email. Questions from investors should be submitted as well in advance as possible for inclusion to benjamin.swinburne@morganstanley.com. The video interview can also be accessed on the Netflix Investor Relations YouTube channel at youtube.com/netflixir.

Netflix first quarter 2018 (Q1 2018) financial results and business outlook published on its investor relations website at http://ir.netflix.com on Monday, April 16, 2018, at approximately 1:05 p.m. Pacific Time (4:05 pm EDT):


About Netflix (source: netflix.com):
Netflix is one of the world’s leading internet entertainment service with more than 117 million members in over 190 countries enjoying more than 140 million hours of TV shows and movies per day, including original series, documentaries and feature films. Members can watch as much as they want, anytime, anywhere, on nearly any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.
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2017-07-17

Netflix $NFLX Q2 2017 Earnings LIVE Video July 17 6pm EDT & Replay

Netflix $NFLX Q2 2017 Earnings LIVE Video & Replay

Netflix Second Quarter 2017 Earnings video via Netflix Investor Relations | YouTube.com,
LIVE Jul 17, 2017, 3pm PDT / 6pm EDT.
Netflix reports Q2 revenue of $2.79B, vs. $2.76B expected, and total streaming subscriptions grew 5.2M to 104M, vs. 3.2M expected; stock up in after-hours trading. 

NASDAQ: NFLX: Netflix shares are up over 63% over the past year through last Friday:
 $NFLX

Principal domain: Netflix.com

Netflix, Inc. is the world's ninth-largest internet company by revenue. Founded on August 29, 1997, Scotts Valley, CA, by Reed Hastings and Marc Randolph, Netflix is an entertainment company that specializes in and provides streaming media or video-on-demand (VOD) online, as well as still providing its legacy business of DVDs by mail.

When Netflix reports its second quarter earnings, shareholders will closely look at how many subscribers the world’s largest video streaming service was able to add in the U.S. and internationally. According to Netflix, the biggest driver of subscriber additions is the company’s exclusive original content. And, at least according to the Academy of Television Arts & Sciences, the company has been doing a great job with its own TV shows. Netflix has established itself as a household name for quality content:
Infographic: Netflix Challenges HBO at the 2017 Emmys | Statista source: Statista
Infographic: The U.S. Tech Giants Piling on the Profit | Statista source: Statista

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2016-10-19

Netflix $NFLX Q3 2016 Earnings Boosted by Surge in International Growth

Netflix Boosted by Surge in New International Members:

Netflix reported Monday its Q3 2016 results, with numbers showing a spike in new members amid rising concerns about the impact of earlier price increases. WSJ.com's Lee Hawkins explains in the video above published by WSJ.com on Oct 17, 2016.

Original Netflix logo 1997 to 2000
Original Netflix logo 1997 to 2000 (CC BY-SA 4.0)
Netflix Inc. is a U.S.-based multinational entertainment company, founded August 29, 1997, by Reed Hastings and Marc Randolph. Netflix provides streaming media and video on demand online and DVD by mail.
• Headquarters: Los Gatos, CA
• Stock exchange: symbol | NASDAQ: NFLX
• Principal domain: netflix.com


Q3 Results and Q4 Forecast (source: Netflix Inc.):

Global streaming revenue totaled $2.2 billion, of which 40% was generated abroad. Operating income amounted to $106 million (compared with our $64 million estimate) while net income was $52 million (vs. forecast of $22 million). In Q3, we added 0.4 million members in the US vs. our forecast of 0.3 million and 3.2 million members internationally vs. our forecast of 2.0 million. Our over-performance against forecast (86.7m total streaming members vs. forecast of 85.5m) was driven primarily by stronger than expected acquisition due to excitement around Netflix original content …. For Q4, we forecast 5.2 million global net adds, with 1.45 million net adds in the US and 3.75 million new members internationally. Our expectation for a moderate year-over-year decline in net adds reflects the completion of un-grandfathering. We are pleased with the results thus far as we expect ASP to grow 12% from Q1’16 to Q4’16. Internationally, the initial demand from our launch in Spain, Portugal and Italy in Q4’15 will also affect our year-over-year net adds comparison. We will face a tough international net adds comparison in Q1’17 because of the initial membership surge in Q1’16 tied to the launch of 130 additional territories. As discussed, for the balance of 2016, we will continue to operate around break even, and then start generating material global profits in 2017 and beyond, by marching up operating margins steadily for many years.

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