Netflix falls after quarterly forecast falls short of estimates
NFLX•Second-quarter results
Netflix reported Q2 revenue of $12.56 billion, versus estimates of $12.59 billion.
It posted adjusted EPS of 80 cents, compared with the estimate of 79 cents.
As of Thursday's close, NFLX was down 20.7% year to date.
Shares fall after outlook misses estimates
Netflix shares fell 8.5% to $68.02 after the bell.
The company forecast Q3 revenue of $12.86 billion, below analysts' estimate of $13.01 billion according to data compiled by LSEG.
It also expects adjusted EPS of 82 cents for Q3, below estimates of 84 cents.
2026 revenue outlook and viewing report change
For 2026, Netflix said it sees revenue in the range of $51 billion to $51.4 billion, compared with its earlier forecast of .
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