Netflix posts massive earnings beat thanks to WBD breakup, announces Reed Hastings to exit board

Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.

# Netflix posts massive earnings beat thanks to WBD breakup, announces Reed Hastings to exit board Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal. **Read the full article:** [CNBC](https://www.cnbc.com/2026/04/16/netflix-nflx-earnings-q1-2026.html) *This article was originally published by CNBC. MoneyWiseInc provides expert curation of the best financial content from trusted sources.*