Netflix shares choppy after beating on earnings but leaving FY guidance unchanged

Forex Short News
  • Q1 revenue $10.54B vs $10.51B expected
  • Q1 EPS $6.61 vs $5.71 exp
  • Reiterates revenue forecast of $43.5-$44.5B
  • Sees Q2 EPS $7.03

Shares are trading at $981 compared to $975 at the close but it’s been choppy.

The call is at 4:45 pm ET.

Update: Shares now up 5%.

This article was written by Adam Button at www.forexlive.com.