Monday, July 16, 2018

NFLX Earnings

Netflix misses subscriber additions by 1mil (6 projected 5 actual) and revenue still grew this quarter but NFLX is already down 15%. It was extended but I'm not sure this drop isn't an overreaction. Still had a 40% y/y. Opinions?

Update: Forecasts were also lowered for Q3. Most likely not an overreaction. Curious to see what they say in the conference call



Submitted July 16, 2018 at 04:17PM by MisterTemper https://ift.tt/2KXqN0l

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