Netflix Inc. (NFLX) reported a first quarter net loss of $0.08 per share after the bell Monday, compared to the profit of $1.11 per share in the previous year. The consensus estimate was for a loss of $0.27. The company expects to report second quarter earnings between a loss of $0.10 and a profit of $0.14. The consensus estimate is for a loss of $0.17. The stock is now down 14.49 on 2.2 million shares.
Netflix declined during the first half of the morning Monday and finished down by 4.27 at $101.84 on above average volume. The stock closed near the lower end of a 2-week range.
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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.