FINWIRES · TerminalLIVE
FINWIRES

Update: Netflix Slumps Premarket Following Mixed Fiscal Q2 Results, Q3 Guidance Misses Estimates; Shares Slump Premarket

By

(Updates with the stock move in the headline and the first paragraph.)

Netflix (NFLX) shares were down more than 9% in Friday's premarket activity after the online entertainment giant reported mixed fiscal Q2 results overnight, with earnings above consensus while sales missed, and Q3 guidance lagging market expectations.

The company reported fiscal Q2 earnings late Thursday of $0.80 per diluted share, up from $0.72 a year earlier.

Analysts polled by FactSet expected $0.79.

Revenue for the three months ended June 30 was $12.56 billion, up from $11.08 billion a year earlier.

Analysts expected $12.58 billion.

For Q3, the company expects EPS of $0.82 on revenue of $12.86 billion. Analysts expect EPS of $0.84 on revenue of $13 billion.

For the full year 2026, the company now expects revenue of $51 billion to $51.4 billion. It was earlier expected to be between $50.7 billion and $51.7 billion. Analysts expect $51.38 billion.

Price: $67.25, Change: $-7.10, Percent Change: -9.55%

Related Articles

Wire

STAAR Surgical Reports Higher Q2 Preliminary Net Sales

STAAR Surgical (STAA) reported Q2 preliminary net sales late Thursday of more than $90 million, up from $44.3 million a year earlier.Analysts polled by FactSet are looking for $90.2 million.Net sales in the Middle East, certain parts of the EMEA and Asia-Pacific regions, were affected by geopolitical and macro headwinds, the company said, adding that, if the conditions persist or worsen, its sales growth could continue to be negatively affected.Shares were down about 13% in after-hours trading.

$STAA
Wire

Alcoa Fiscal Q2 Adjusted Earnings, Revenue Rise

Alcoa (AA) reported fiscal Q2 non-GAAP net income late Thursday of $2.12 per diluted share, up from $0.39 a year earlier.Analysts polled by FactSet expected $2.25.Revenue for the quarter ended June 30 was $3.97 billion, up from $3.02 billion a year earlier.Analysts expected $3.99 billion.

$AA
Wire

Netflix Fiscal Q2 Earnings, Revenue Rise; Q3 Guidance Set

Netflix (NFLX) reported fiscal Q2 earnings late Thursday of $0.80 per diluted share, up from $0.72 a year earlier.Analysts polled by FactSet expected $0.79.Revenue for the three months ended June 30 was $12.56 billion, up from $11.08 billion a year earlier.Analysts expected $12.58 billion.For Q3, the company expects EPS of $0.82 on revenue of $12.86 billion. Analysts expect EPS of $0.84 on revenue of $13 billion.For the full-year 2026, the company now expects revenue of $51 billion to $51.4 billion. It earlier expected $50.7 billion to $51.7 billion. Analysts expect $51.38 billion.

$NFLX