Netflix stock sinks despite strong subscriber growth in Q1
Thursday, 18 April 2024 () Netflix Inc (NASDAQ: NFLX) is trading down in extended hours on Thursday even though it reported market-beating financial results for its first quarter. Netflix reports a 16% growth in subscribers The price action is interesting considering the mass media behemoth topped Street estimates for net new subscribers as well. $NFLX ended its Q1 with 269.6 […]
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix Exceeds Earnings Estimates , As Subscribers Increase.
Netflix released a Q1 earnings report on April 18, indicating that its number of subscribers jumped 16% year-over-year to reach 269.6 million.
Analysts only expected the...
Thursday, 18 April 2024 ()
