====Netflix (NFLX) reported earnings on Mon 17 Oct 2016 (a/h)

Netflix beats by $0.07, reports revs in-line; guides Q4 EPS above consensus; Reports better than expected net adds :

• Reports Q3 (Sep) earnings of $0.12 per share, excluding non-recurring items, $0.07 better than the Capital IQ Consensus of $0.05; revenues rose 31.7% year/year to $2.29 bln vs the $2.28 bln Capital IQ Consensus.
  • Netflix Q3 Domestic Net Additions 0.370 mln vs 0.30 mln guidance; Q4 guidance is for 1.45 mln, expectations were for ~1.00 mln; Q2 adds was 0.16 mln
  • Netflix Q3 International Net Additions 3.20 mln vs 2.00 mln guidance; For Q4 NFLX expects addition of 3.75 mln, expectations were for ~3.00 mln; Q2 Adds was 1.52 mln
  • See 16:09 comment for full metrics.
• Co issues upside guidance for Q4, sees EPS of $0.13, excluding non-recurring items, vs. $0.08 Capital IQ Consensus Estimate.