Netflix misses subscriber estimates, reveals password crackdown to hit U.S. in Q2

Welcome, this is the group to share general streaming TV news and information on streaming TV services, channels and apps.
Post Reply
User avatar
Admin
Site Admin
Posts: 2118
Joined: Wed Jul 03, 2019 6:33 pm

Netflix misses subscriber estimates, reveals password crackdown to hit U.S. in Q2

Post by Admin » Wed Apr 19, 2023 11:21 am

Netflix (NFLX) reported mixed first-quarter results on Tuesday, missing Wall Street subscriber estimates while beating analyst expectations on earnings per share.

Image

The stock, which initially fell as much as 12% after the release, saw shares pare losses as investors digested the report — the first since co-CEO and co-founder Reed Hastings... Discover more


Tech Marvels, Streaming Hacks, and More! Check out ChitChat for a dose of digital brilliance. Click to join the geeky ride! 🚀 #TechTalks

Post Reply
Privacy | Terms | DMCA