We use cookies to understand how you use our site and to improve your experience. Netflix still provides an outlook for Q2 2020 in its earnings report. And it's working out very well for us. 21, 2020. When we think about the full year, there is as you've heard, because of paused productions, there's going to be some pushing of that spend.

Netflix released several popular projects in Q1, including ““Tiger King: Murder, Mayhem and Madness.” Netflix said the true crime docuseries had 64 million viewers, while unscripted dating show “Love is Blind” had 30 million viewers. All rights reserved. And because of the unique connection between the NBA and ESPN and the complexity of the rights and the footage, it would have been very difficult for either of us to do without each other. I mean just it's some folks are very, very interested in being part of that social conversation that happens around these titles. And where you take that seriously, we're working super hard on that.

Netflix’s stock held fairly steady after reporting its Q1 earnings — it was up 1.1 percent at press time in after-hours trading. This compares to year-ago revenues of $4.52 billion.

Yes. Reed Hastings — Founder, Chief Executive Officer.

I mean it's an incredible tragedy for the world. While Netflix is enjoying short-term gains, the entertainment industry’s widespread production shutdowns pose significant questions for Netflix in the months ahead. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

I'd like to go back to the topic of competition, which has clearly taken a backseat during this quarter.

Over the last four quarters, the company has surpassed consensus EPS estimates three times. So think about it as we're in the same uncertainty that everyone else is. And then on mobile, it's a plan that we've tested for a while. So in terms of cash flow, first, as you saw, we are positive free cash flow in the quarter. And so we're just we're really just prioritizing that, number one, is improving the product, improving the content, making sure we have a steady stream of titles.

This Article is related to: Television and tagged Netflix, Streaming, TV Business. The Ascent is The Motley Fool's new personal finance brand devoted to helping you live a richer life. Great. It's why they watch their budget in those times, and pay-TV over decades has been more resilient and a bit countercyclical in that way. We don't think it's the only thing, and we don't and we give them lots of tools to choose with. At this time, I really want to focus on the content coming out given that many of us are doing a lot more streaming, and we always love recommendations. Q1 revenue: $5.77 billion, versus Wall Street estimates of $5.74 billion and Netflix's forecast of $5.73 billion. So we're going to come to the fore, and so I'd like up to two recommendations, one would be something new coming out. We haven't lived through anything like this.

So there was some cushioning of spend in Q1, but most of what we talk about in terms of the impact of kind of slower kind of cash spend in the year, some push content spending is really kind of a full year impact than a Q1 impact. We have a movie for Adam Sandler's production company called The Wrong Missy coming up, starring David Spade. Copyright 2020 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606. Yes. So fairly similar in that regard.

And then I think there's a follow-up question just about the economic sensitivity perhaps going forward, but let's just start with that pricing question. A question for either Greg or you, Ted, with respect to the top 10 list, which really kind of took hold this quarter.

Yes. ET, Spencer Wang -- Vice President of Finance And Investor Relation. Sure.

Zacks Ranks stocks can, and often do, change throughout the month. That we're so we've been able to do that and enhance that in the short term. So let's wrap it up, as I'd like to do, asking each of you a question.

Netflix Inc (NASDAQ:NFLX)Q1 2020 Earnings CallApr 21, 2020, 6:00 p.m. And then I would say Unorthodox, I was blown away by just an incredible story. Notably with a lot of … It is still uncertain when Netflix will be able to resume production on other highly-anticipated projects, such as new seasons of “Stranger Things” and “The Witcher.”. So I'm going to give you a longish list since people are looking for things to watch of things that are coming up in the quarter. So we're just taking we're taking the learnings as learnings and on face value now and seeing how they scale out. I'm not an economist per se, but there is some sensitivity there. These figures are adjusted for non-recurring items. So again, in terms of usage, in terms of viewing patterns, it's all pretty consistent with the families that have been members for a long or short time. The Coca-Cola Company (NYSE: KO) reported third-quarter 2020 financial results before the opening bell on Thursday. I mean you guys have stolen everything. So it's very helpful for people to want to be part of the conversation or part of the zeitgeist, again, with what are the things that other people are watching and using that as a thing to help them make decisions. And we can look to work with some of our partners to enhance that a little bit with things like, we put in the letter, licensing Lovebirds and Enola Holmes and this big film from Korea called Time to Hunt, that's coming out this week.

Yes. So we'll actually have more branded Netflix Originals on our service this year than we had last year, even with what's planned for push spend.