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