Netflix Releases Second-Quarter 2020 Financial Results

Rhea-AI Summary

Netflix, Inc. (NASDAQ: NFLX) has announced its second-quarter 2020 financial results, available on its investor relations website. The streaming service continues to lead the market with 183 million paid memberships across over 190 countries. The company emphasizes its commitment to providing a commercial-free viewing experience, allowing members to watch content anytime and anywhere. A video interview featuring executives will be held at 3:00 p.m. Pacific Time, accessible through their YouTube channel.

Positive

• 183 million paid memberships globally
• Strong market position as a leading streaming service

Negative

• None.

LOS GATOS, Calif., July 16, 2020 /PRNewswire/ -- Netflix, Inc. (NASDAQ: NFLX) has released its second-quarter 2020 financial results by posting them to its website. Please visit the Netflix investor relations website at http://netflixinvestor.com to view the Q2'20 financial results and letter to shareholders.

A video interview with Netflix co-CEO Reed Hastings, Chief Financial Officer Spence Neumann, co-CEO & Chief Content Officer Ted Sarandos, COO & Chief Product Officer Greg Peters and VP, IR & Corporate Development Spencer Wang will be available at 3:00 p.m. Pacific Time at youtube.com/netflixir.  The interview will be conducted by Kannan Venkateshwar, Barclays Capital. Questions that investors would like to see asked should be sent to kannan.venkateshwar@barclayscapital.com.

About Netflix, Inc.

Netflix is the world's leading streaming entertainment service with 183 million paid memberships in over 190 countries enjoying TV series, documentaries and feature films across a wide variety of genres and languages. Members can watch as much as they want, anytime, anywhere, on any internet-connected screen. Members can play, pause and resume watching, all without commercials or commitments.

View original content to download multimedia:http://www.prnewswire.com/news-releases/netflix-releases-second-quarter-2020-financial-results-301095079.html

SOURCE Netflix, Inc.

FAQ

What were Netflix's Q2 2020 financial results?

Netflix's Q2 2020 financial results can be found on their investor relations website.

How many subscribers does Netflix have as of Q2 2020?

As of Q2 2020, Netflix has 183 million paid memberships.

When will the Netflix executive interview take place?

The Netflix executive interview is scheduled for 3:00 p.m. Pacific Time.

Where can I watch the Netflix executive interview?

The interview will be available on Netflix's YouTube channel.