Q1 2021 Netflix Inc Earnings Call Transcript

Apr 20, 2021 / 10:00PM GMT
Spencer Wang - Netflix, Inc. - VP of Finance, Corporate Development & IR

Good afternoon, and welcome to the Netflix Q1 2021 Earnings Interview. I'm Spencer Wang, VP of IR and Corporate Development. Joining me today are Co-CEO, Reed Hastings; Co-CEO and Chief Content Officer, Ted Sarandos; COO and Chief Product Officer, Greg Peters; and CFO, Spence Neumann. Our interviewer this quarter is Nidhi Gupta from Fidelity.

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

With that, let me turn it over to Nidhi for her first question.

Questions and Answers:

Nidhi Gupta - Fidelity Management & Research Company LLC - Portfolio Manager

Thanks, Spencer. Thank you all for having me. Great to be with you, and thank you all for all the great work over the years. It's been great for us to be on this journey with you as shareholders. So with that, let's just jump right in. Obviously, you were comping a really big Q1 last year with 50 million net adds. The net adds this quarter came in below your expectations
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