Netflix (NFLX) reported Q1 FY 2019 earnings of $0.63 per share (versus $0.64 in Q1 FY 2018), beating analysts’ consensus of $0.57.

The company’s quarterly revenues amounted to $4.521 bln (+22.2% y/y), generally in line with analysts’ consensus estimate of $4.503 bln.

Paid net adds in Q1 were 9.6 mln (+16% y/y), including 1.74 mln in the U.S. and 7.86 mln internationally, versus guidance for 8.9 mln adds total, including 1.6 mln in the U.S. and 7.3 mln for the international segment.

The company also issued guidance for Q2, projecting EPS of $0.55 (versus analysts' consensus estimate of $1.00) and revenues of $4.928 bln (versus analysts' consensus estimate of $4.96 bln).

NFLX fell to $357.40 (-0.57%) in pre-market trading.