Netflix Inc. (NFLX) reported that its first-quarter net loss was $4.58 million or $0.08 per share, compared to profit of $60.23 million or $1.11 per share in the same quarter last year. Analysts polled by Thomson Reuters expected the company to report a loss of $0.27 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues for the quarter rose to $869.79 million from $718.55 million in the prior year quarter. Thirty one analysts had consensus revenue estimate of $868.57 million for the quarter.
For the second-quarter, the company expects net results to be loss $6 million - profit $8 million or loss $0.10 per share - profit $0.14 per share. Analysts expect the company to report a loss of $0.17 per share for the second-quarter. The company said that the improvement in the outlook is a result of continued member growth (both domestically and internationally), as well as increased efficiency of its content and marketing spending.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.