• Netflix shares tank after big miss on subscriber growth

    1 month ago - By Reuters

    Netflix Inc's subscriber growth fell short of Wall Street expectations on Monday, sending shares of the normally high-flying stock down 14 percent on fears that the company's expansion is slowing.
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  • Netflix shares plunge as subscriber growth stalls

    1 month ago - By BBC

    The firm's shares dive 14% after it misses its projections for subscriber growth.
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  • Netflix Q2 2018: fewer subscribers than expected, breaking two-year streak

    Netflix Q2 2018: fewer subscribers than expected, breaking two-year streak

    1 month ago - By MobileSyrup

    Netflix has released its second-quarter earnings report for 2018, revealing subscriber growth that was lower than what Wall Street analysts had expected. The streaming service giant revealed that it reached 130 million worldwide subscribers during Q2, a 25 percent year-over-year increase, but one million subscribers under Thomson Reuters' forecast. Internationally, Netflix brought in 4.47 million new subscribers during this quarter, compared to 4.97 predicted by analysts. This breaks a two-year streak Netflix had in subscriber growth exceeding projections. Netflix's shares subsequently...
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  • Netflix shares plummet after company reveals disappointing subscriber growth

    Netflix shares plummet after company reveals disappointing subscriber growth

    1 month ago - By TheBoyGeniusReport

    Netflix posted its earnings report for the June quarter today revealed that it added 5.15 million subscribers for the quarter. That may seem impressive at first glance, but it's more than 1 million fewer subscribers than what the streaming giant was anticipating. While it's one thing for Netflix to fall short of Wall Street expectations, it's another matter entirely for Netflix to fall short of its own internal projections.
    All told, Netflix over the last three months added 670,000 new subscribers in the United States and 4.47 million new subscribers overseas. That comes out to 4.87...
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  • Netflix shares tank after subscriber numbers miss targets

    1 month ago - By Reuters

    Netflix Inc's subscriber growth and forecast fell short of Wall Street expectations, sending shares of the normally high-flying stock crashing 14 percent on Monday.
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  • Netflix subscriber growth misses estimates; shares tumble

    1 month ago - By Reuters

    Netflix Inc missed Wall Street forecasts for U.S. and international subscribers, saying it had overestimated the pace of new additions for April through June but remained confident in long-term growth.
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  • Netflix crashes 13% after it misses expectations on revenue and subscriber additions

    Netflix crashes 13% after it misses expectations on revenue and subscriber additions

    1 month ago - By Business Insider

    Netflix's stock got hammered in afterhours trading ater reporting that it added far fewer subcribers in the second quarter than Wall Street was expecting.
    Here's what the company reported and how its results compared with Wall Street's average expecations and its year-ago results:
    Revenue: $3.91 billion. Analysts were expecting $3.94 billion. In second quarter last year, Netflix posted $2.79 billion in sales.
    Earnings per share: 85 cents. Analysts were looking for 79.4 cents a share. In the second quarter of 2017, it earned 15 cents a share.
    Subscriber additions: 5.2 million total - 1.1...
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  • Netflix subscriber growth misses estimates

    1 month ago - By Reuters

    Netflix Inc added fewer subscribers than expected in both its international and domestic markets in the second quarter.
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