Investing.com - Netflix (NASDAQ:NFLX) reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that was inline with expectations.
Netflix announced earnings per share of $1.33 on revenue of $7.71B. Analysts polled by Investing.com anticipated EPS of $0.8454 on revenue of $7.71B.
Netflix shares are down 15% from the beginning of the year and are trading at $0.00 , down-from-52-week-high.They are under-performing the Nasdaq which is down 9.53% from the start of the year.
Netflix shares lost 100.00% in after-hours trade the report.
Netflix follows other major Communication Services sector earnings this month
Netflix's report follows an earnings missed by Nextplay Technologies on Thursday, January 13, 2022, who reported EPS of $-0.1 on revenue of $4.2M, compared to forecasts EPS of $-0.075 on revenue of $5.85M.
TuanChe had beat expectations on Thursday, January 13, 2022 with fourth quarter EPS of $-0.12 on revenue of $61.1M, compared to forecast for EPS of $-1.87 on revenue of $128.77M.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar