Netflix (NFLX) reported Q3 FY 2020 earnings of $1.74 per share (versus $1.09 per share in Q3 FY 2019), missing analysts’ consensus estimate of $2.14 per share.

The company’s quarterly revenues amounted to $6.436 bln (+22.7% y/y), generally in line with analysts’ consensus estimate of $6.381 bln. 

It also reported global streaming paid net adds of 2.20 mln versus its prior guidance of 2.50 mln and 10.09 mln in Q2 FY 2020.

The company issued mixed guidance for Q4 FY 2020, projecting EPS of $1.35 versus analysts’ consensus estimate of $0.94 and revenues of $6.572 bln versus analysts’ consensus estimate of $6.59 bln. It also guided Q4 FY 2020 global streaming net adds of 6.00 mln.

NFLX fell to $497.99 (-5.22%) in pre-market trading.