Netflix: Q4 revenues up 27.4%
(CercleFinance.com) - The Netflix streaming service announces that it now has 139 million paying subscribers, having won over another 8.
8 million in the last quarter of 2018.
Group revenue came in at 4.187 billion dollars in Q4 2018, up 27.4% y-o-y. However, the bottom line fell from 186 million to 134 million dollars, with diluted EPS of 30 cents (vs. 41 cents a year ago). The group's operating margin also dropped to 5.2% (vs. 7.5%).
Netflix also said that it expects revenues of 4.5 billion dollars in the first quarter of 2019, with net income of 253 million dollars and diluted EPS of 56 cents.
Copyright (c) 2019 CercleFinance.com. All rights reserved.
8 million in the last quarter of 2018.
Group revenue came in at 4.187 billion dollars in Q4 2018, up 27.4% y-o-y. However, the bottom line fell from 186 million to 134 million dollars, with diluted EPS of 30 cents (vs. 41 cents a year ago). The group's operating margin also dropped to 5.2% (vs. 7.5%).
Netflix also said that it expects revenues of 4.5 billion dollars in the first quarter of 2019, with net income of 253 million dollars and diluted EPS of 56 cents.
Copyright (c) 2019 CercleFinance.com. All rights reserved.