Netflix (NFLX) reported Q3 FY 2019 earnings of $1.09 per share (versus $0.89 in Q3 FY 2018), beating analysts’ consensus estimate of $1.05.
The company’s quarterly revenues amounted to $5.245 bln (+31.2% y/y), generally in line with analysts’ consensus estimate of $5.248 bln.
The company also issued downside guidance for Q4 FY 2019, projecting EPS of $0.51 versus analysts’ consensus estimate of $0.85 and revenues of $5.442 bln versus analysts’ consensus estimate of $5.51 bln.
NFLX rose to $309.40 (+8.08%) in pre-market trading.