Netflix reported at 4:00, and the results are out.
Revenue was $12.87 billion, up 12% year over year. EPS came in at $0.87, beating expectations of $0.82, and net income jumped nearly 44%. The numbers were a clean sweep, but shares fell 4% after hours.
The miss was in the guidance: the ad revenue forecast was cut from $3 billion to $2.7 billion, with the company saying its ad product rollout was slower than expected. Q4 guidance was also soft, and the company laid off 1,000 people last week.
That’s just how the market works now: how much you earned doesn’t matter—one line in the guidance can wipe out all the results on paper.
$BTC was back at 83,000 this morning. At least yesterday’s $526 million ETF inflow wasn’t for nothing.
#美股 #Earnings
Revenue was $12.87 billion, up 12% year over year. EPS came in at $0.87, beating expectations of $0.82, and net income jumped nearly 44%. The numbers were a clean sweep, but shares fell 4% after hours.
The miss was in the guidance: the ad revenue forecast was cut from $3 billion to $2.7 billion, with the company saying its ad product rollout was slower than expected. Q4 guidance was also soft, and the company laid off 1,000 people last week.
That’s just how the market works now: how much you earned doesn’t matter—one line in the guidance can wipe out all the results on paper.
$BTC was back at 83,000 this morning. At least yesterday’s $526 million ETF inflow wasn’t for nothing.
#美股 #Earnings