Netflix Reports Q2 Revenue Miss at $12.56B, Guides Q3 EPS Below Expectations

NFLX1.20%

According to Netflix, the company reported Q2 earnings per share of $0.80 and revenue of $12.56 billion on July 16, exceeding the EPS forecast of $0.79 but falling short of the revenue expectation of $12.59 billion.

The company guided Q3 EPS at $0.82 against analyst consensus of $0.84, while revenue guidance of $13 billion aligned with market expectations. Netflix stock fell 7.90% to $68.48 in after-hours trading following the earnings release.

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