>The company beat Wall Street expectations for revenue, reporting $12.25 billion for the first quarter, above the $12.18 billion expected by analysts polled by LSEG and 16% higher than the $10.54 billion it reported in the year-ago quarter.
Take the breakout/termination fee ($2.8B) out of the equation, and it would mean they severely underperformed. So, instead of Q1=$12.25B, it would be Q1=$9.45B. That’s more than one billion below last year’s Q1.
strtjstice on
Monthly membership prices going up in 3…. 2…
KingMario05 on
Now watch them go after someone else.
/s
plutosbigbro on
This title is terrible, take away the one time payment from and not only did they miss earnings they also lowered expectations for next quarter as well
Algae_Mission on
It’s actually pretty crazy that they can lose out on the deal of a lifetime and still come away as winners. Whatever you want to say about Netflix, they are probably the savviest company in media right now.
Besides, why buy WB at that insane price when they can wait a few years and buy both Paramount and WB at a reduced price.
Downtown-Tea-3018 on
Is the content quality batting average still horrendously bad?
Good economics tho, guess that how Bela still has a job eh Ted
6 Comments
>The company beat Wall Street expectations for revenue, reporting $12.25 billion for the first quarter, above the $12.18 billion expected by analysts polled by LSEG and 16% higher than the $10.54 billion it reported in the year-ago quarter.
Take the breakout/termination fee ($2.8B) out of the equation, and it would mean they severely underperformed. So, instead of Q1=$12.25B, it would be Q1=$9.45B. That’s more than one billion below last year’s Q1.
Monthly membership prices going up in 3…. 2…
Now watch them go after someone else.
/s
This title is terrible, take away the one time payment from and not only did they miss earnings they also lowered expectations for next quarter as well
It’s actually pretty crazy that they can lose out on the deal of a lifetime and still come away as winners. Whatever you want to say about Netflix, they are probably the savviest company in media right now.
Besides, why buy WB at that insane price when they can wait a few years and buy both Paramount and WB at a reduced price.
Is the content quality batting average still horrendously bad?
Good economics tho, guess that how Bela still has a job eh Ted