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

Netflix (NFLX) reported Q1 FY2025 earnings of $6.61 per share (versus $5.28 per share in Q1 FY2024), strongly beating analysts’ consensus estimate of $5.67 per share.

The company’s quarterly revenues amounted to $10.543 bln (+12.5% y/y), roughly in line with analysts’ consensus estimate of $10.502 bln.

The company also issued upside guidance for Q2 FY2025, seeing EPS of $7.03 versus analysts’ consensus estimate of $6.25 and revenues of $11.035 bln versus analysts’ consensus estimate of $10.89 bln.

In addition, Netflix reaffirmed revenue guidance for FY2025 of $43.5-44.5 bln versus analysts’ consensus estimate of $44.25 bln.

NFLX rose to $1,006.79 (+3.47%) in after-hours trading on Thursday in reaction to earnings/guidance.

Reminder: U.S. financial markets are closed today for Good Friday