Netflix stock is tanking after the company reported less-than-expected revenues of $1.58 billion. Analysts were expecting quarterly revenue of $1.75 billion. Netflix also missed on earnings today, with $0.07 per share versus the analyst-predicted $0.08. This quarter Netflix raised its subscriber numbers by 3.62 million to more than 69 million in total. That’s just above the company’s third-quarter guidance of 3.55 […]
Netflix stock tanks after adding less than 1M new U.S. subscribers last quarter
Venture Beat - 14 Oct 2015 22:20
Netflix stock is tanking after the company reported less-than-expected revenues of $1.58 billion. Analysts were expecting quarterly revenue of $1.75 billion. Netflix also missed on earnings today, with $0.07 per share versus the analyst-predicted $0.08. This quarter Netflix raised its subscriber numbers by 3.62 million to more than 69 million in total. That’s just above the company’s third-quarter guidance of 3.55 […]
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