Netflix Inc (STU:NFC)
€ 739.7 2.6 (0.35%) Market Cap: 314.83 Bil Enterprise Value: 321.09 Bil PE Ratio: 44.99 PB Ratio: 14.96 GF Score: 91/100

Q1 2020 Netflix Inc Earnings Call Transcript

Apr 21, 2020 / 10:00PM GMT
Release Date Price: €405.7 (+0.52%)
Spencer Wang
Netflix, Inc. - VP of Finance & IR

Good afternoon, and welcome to the Netflix Q1 2020 Earnings Interview. I'm Spencer Wang, VP of IR and Corporate Development. Joining me today are CEO, Reed Hastings; CFO, Spence Neumann; Chief Content Officer, Ted Sarandos; and Chief Product Officer, Greg Peters. Our Interviewer this quarter is Mike Morris from Guggenheim.

As a reminder, we'll be making forward-looking statements, and actual results may vary.

With that, let me turn it over to Mike for his first question.

Questions & Answers

Michael C. Morris
Guggenheim Securities, LLC, Research Division - MD and Senior Analyst

Thank you, Spencer, and good afternoon. Glad to see you all safe and healthy and take this opportunity to extend my best wishes to our viewers.

Your letter had a lot of detail about the impact of the environment, but I'd like to hear directly from you some key thoughts, and then we can dig in more deeply into a few topics. So if we'd just start with the impact of COVID, the changing consumer

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