Netflix Inc (NFLX) Q1 2022 (USD): EPS 3.53 (exp. 2.89), Revenue 7.87bln (exp. 7.93bln), Net Subscriber Additions: -0.2mln (exp. +2.5mln)

Q1 UCAN streaming paid net change -640k (exp.+87.5k)
Q1 EMEA streaming paid net change -300k (exp.+950.4k)
Q1 LATAM streaming paid net change -350k (exp. +334.4k)
Q1 APAC streaming paid net change +1.09mln (exp. +1.2mln)
Q1 streaming paid memberships 221.64mln (exp. 224.5mln)
Q1 Operating margin 25.1% (exp. 22.2%)
Q1 Operating income USD 1.97bln (exp. 1.76bln)
Q1 Free cash flow USD 802mln (exp. 559.3mln)
Lost 640k subscribers in US/Canada, 300k in EMEA, and 350k in LatAm.
Said macro factors, including sluggish economic growth, increasing inflation, geopolitical events such as Russia’s invasion of Ukraine, and some continued disruption from COVID are likely having an impact.

Guidance

Sees Q2 EPS 3.00 (exp. 3.02)
Sees Q2 revenue 8.05bln (exp. 8.23bln)
Sees Q2 streaming paid net change -2mln (exp. +2.4mln)
Sees Q2 streaming paid memberships 219.64mln (227.7mln)
Sees Q2 operating margin 21.5% (exp. 21.6%)