How to Trade Netflix After Earnings - Former NYSE Trader's Game Plan

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Netflix  (NFLX) - Get Report earnings are out!

And if you're looking to experience the earnings call with someone else's perspective, head on over to Eric Jhonsa's live blog.

"Netflix reports 1.54M Q2 paid streaming net adds, above guidance of 1M and a FactSet consensus of 1.15M," wrote Jhonsa.

Revenue beat expectations, coming in at $7.34 billion, versus expectations of $7.32 billion. 

And then there's the video game push:

"We’re also in the early stages of further expanding into games, building on our earlier efforts around interactivity (eg, Black Mirror Bandersnatch) and our Stranger Things games. We view gaming as another new content category for us, similar to our expansion into original films, animation and unscripted TV. Games will be included in members’ Netflix subscription at no additional cost similar to films and series. Initially, we’ll be primarily focused on games for mobile devices. We’re excited as ever about our movies and TV series offering and we expect a long runway of increasing investment and growth across all of our existing content categories, but since we are nearly a decade into our push into original programming, we think the time is right to learn more about how our members value games," Netflix said in its earnings release. 

Watch the video above to see how Real Money's Stephen Guilfoyle is approaching Netflix after earnings.

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