美股异动丨奈飞盘前跌近6%，Q1业绩指引逊于预期+暂停股票回购

Core Viewpoint - Netflix (NFLX.US) shares fell nearly 6% pre-market to $82.1 despite reporting better-than-expected Q4 2025 earnings, with revenue growth of 17.6% year-over-year to $12.05 billion and earnings per share (EPS) growth of 30.2% to $0.56 [1] Group 1: Financial Performance - Netflix reported Q4 2025 revenue of $12.05 billion, a 17.6% increase year-over-year [1] - The company achieved an EPS of $0.56, reflecting a 30.2% year-over-year growth [1] - Global subscription users surpassed 325 million by the end of the quarter [1] Group 2: Future Outlook - For Q1 2026, Netflix projects revenue of $12.16 billion, slightly below analyst expectations of $12.17 billion [1] - The expected EPS for Q1 2026 is $0.76, also below analyst expectations of $0.82 [1] Group 3: Acquisition Update - Netflix announced a modification to its acquisition agreement with Warner Bros, changing from a cash and stock deal to an all-cash acquisition at $27.75 per share, maintaining a total transaction value of $72 billion [1] - As a result of this acquisition change, Netflix has suspended its stock repurchase program [1]