A Sneak Peek at Netflix (NASDAQ:NFLX) 1Q18 Earnings Report

Netflix (NASDAQ:NFLX) headquartered in Los Gatos, California, is set to announce first quarter earning results on Monday 16th April 2018, .

Analysts surveyed by Thomson Reuters are predicting, NFLX to report 1Q18 income of $ 0.64 per share from revenue of $ 3.69 billion.

During the same quarter last year, the company reportedly had income of $ 0.40 per share on $ 2.64 billion in revenue.

For the full year, analysts anticipate top line of $ 15.86 billion, while looking forward to income of $ 2.72 per share bottom line.

The company reported fourth quarter revenues of $3.29 billion and net income of $185.52 million or $0.41 per diluted share.

Further, for the full year 2017, NFLX disclosed net income of $558.93 million or $1.25 per diluted share from the revenues of $11.69 billion.

Netflix is an Internet television network, engages in the Internet delivery of television (TV) shows and movies on various Internet-connected screens.

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