Company news: Netflix (NFLX) quarterly earnings beat analysts’ expectations

Netflix (NFLX) reported Q2 FY2025 earnings of $7.19 per share (versus $4.88 per share in Q2 FY2024), beating analysts’ consensus estimate of $7.07 per share.

The company’s quarterly revenues amounted to $11.079 bln (+15.9% y/y), roughly in line with analysts’ consensus estimate of $11.057 bln.

The company also issued upside guidance for Q3 FY2025, seeing EPS of $6.87 versus analysts’ consensus estimate of $6.69 and revenues of $11.526 bln versus analysts’ consensus estimate of $11.28 bln.

In the full FY2025, Netflix sees revenues of $44.80-45.20 bln versus its prior guidance of $43.50-44.50 bln and analysts’ consensus estimate of $44.55 bln. It noted that the increase in the full year revenue guidance primarily reflects the weakening of the U.S. dollar against most other currencies, plus healthy member growth and ad sales.

NFLX fell to $1,252.12 (-1.73%) in pre-market trading.