Their P/E ratio was high to begin with. I don’t think it’ll be a good day for the market tomorrow…
5 days ago | 12
lol I canceled my account as well! Might be a good time to short Netflix 😂
14 hours ago | 0
Strong competition from Amazon Prime video, Disney + and Apple Tv
4 days ago | 2
This earnings report says more about the consumer than their business model. They still grew the business in a year over year basis.
5 days ago | 0
After they put that crap out? Wait til next quarter. See how that looks
4 days ago | 0
Hmm they just gave me a free month of 4k. This is probably why. They want me to get hooked and on a higher tier.
3 days ago | 0
don’t pay for netflix, worst platform promoting stuff that they need
4 days ago | 1
We canceled our account after 14 years. Enough was enough. Sick groomers.
3 days ago | 1
So what? In my 25 years as an investor, I've found it's foolish to discount this company's ability to pivot and innovate. And I've only made bank when I wasn't that foolish.
4 days ago (edited) | 0
Yahoo Finance
Netflix reported earnings that missed analyst expectations on both revenue and profit, sending shares around 6% lower in after-hours trading.
Netflix reported revenue of $11.51 billion, just shy of Bloomberg consensus estimates of $11.52 billion and slightly below the company’s own guidance of $11.53 billion.
That compares to $9.82 billion in the same quarter last year.
Earnings per share came in at $5.87, missing analyst expectations of $6.94 and Netflix’s internal forecast of $6.87, though still above the $5.40 reported a year ago.
The company guided to revenue for the current quarter above Wall Street expectations, forecasting Q4 revenue of $11.96 billion compared to the $11.90 billion analysts polled by Bloomberg had expected.
finance.yahoo.com/news/netflix-stock-falls-after-e…
5 days ago | [YT] | 449