Netflix Q2 FY23:
$Netflix (NFLX.US)$
Subscribers +5.9M Q/Q to 238.4M.
ARM -1% Y/Y fx neutral.
• Revenue +3% Y/Y to $8.2B ($100M miss).
• +6% Y/Y fx neutral.
• Operating margin 22% (3pp beat).
• EPS $3.29 ($0.44 beat).
Q3 FY23 Guidance:
• Revenue +7% Y/Y.
• Operating margin 22%.
Subscribers +5.9M Q/Q to 238.4M.
ARM -1% Y/Y fx neutral.
• Revenue +3% Y/Y to $8.2B ($100M miss).
• +6% Y/Y fx neutral.
• Operating margin 22% (3pp beat).
• EPS $3.29 ($0.44 beat).
Q3 FY23 Guidance:
• Revenue +7% Y/Y.
• Operating margin 22%.
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