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Netflix stock slides 18 as service bleeds 200000 subscribers By Reuters April 19 2022 449pm Updated Netflix offered a gloomy prediction for the. ET by Tomi Kilgore Netflix Inc.


Technical Analysis Netflix Stock Eases Below Smas In A Neutral Bias Econalerts Technical Analysis Technical Analysis Charts Analysis

It reported per-share net earnings of 353 beating the Wall Street consensus of.

. What You Should Know Netflix NFLX closed at 35588 in the latest trading session marking a -173 move. Netflixs 26 tumble after the bell on Tuesday erased about 40 billion of its stock market value. Bridgerton season two premiered during a.

The current consensus as tracked by FactSet calls for 794 billion in. Stock underperforms Monday when compared to competitors. Netflix stocks plunge 25 after streaming service loses 200K customers April 19 2022 658 PM CBSAP Netflix suffered its first subscriber loss in more than a.

Revenue jumped 98 to. The company said it lost 200000 subscribers in its first quarter falling well short of its forecast of adding 25 million subscribers. Since it warned in January of weak subscriber growth the company has lost nearly half of its value.

NFLX will kick off big tech earnings on Tuesday when it prints its fourth-quarter financial results after the market close. Netflix stock price target cut to 409 from 470 at Truist Apr. Netflix IBM Disney and more Published Tue Apr 19 2022 520 PM EDT Fans gather at the Netflix booth at a trade show.

Stocks making the biggest moves after hours. The EPS figure easily exceeded. It also missed investor expectations on earnings and revenue.

Netflix shares lost over 40 of their value year to date. Netflix stock sinks after missing on subscribers revenue Netflix stock is down in after hours trading following its big miss on subscribers and revenue for Q1. Netflixs first-quarter revenue grew 10 to 787 billion slightly below Wall Streets forecasts.

The report sent the stock down as much as 23 in after hours trading. 12 2022 at 810 am. NFLX projects revenue for the quarter of 79 billion up 103 from a year earlier.

Netflix Stock Plunges After Reporting Subscriber Losses In 1st QuarterAfter shares tanked earlier this year because of concerns over its subscriber growth the streaming leader headquartered in. It currently has 222 million paid subscribers. Netflixs stock sunk more than 20 in after-hours trading Tuesday after the streaming giant said it lost 200000 subscribers in the first quarter its first subscriber loss in a decade.

The heavily beaten-down stock spiked up over 3. Netflix NFLX Dips More Than Broader Markets. Netflix Stock Has a Lot to Prove This Week.

Share Key Points All eyes are on Netflixs subscriber numbers after the company offered weak guidance of 25 million adds last quarter. Netflix reported 7868 billion up less than 10 from a year ago with earnings per share falling 6 to 353. Find the latest Netflix Inc.

Netflixs stock price has fallen more than 40 per cent this year. Netflix Inc NASDAQ. Weak guidance points to slowing subscriber growth.

By Rick Munarriz - Apr 18 2022 at 840AM Key Points. NFLX stock quote history news and other vital information to help you with your stock trading and investing. Netflixs fourth quarter profit was 15 billion up from 17 billion in the year-earlier quarter.

Netflix said earnings for the three months ending in December were pegged at 353 per share down 59 from the same period last year and firmly ahead of the Street consensus forecast of 289 per. Earnings season hasnt been kind to Netflix and the stock plunged 22 the day after its last. Analysts predict that number will be closer to.

Find out if NFLX stock is a buy sell or hold. Netflix reported first quarter 2022 earnings per share EPS of 353 coming in well ahead of analysts predictions. Revenue matched forecasts while global paid streaming membership numbers were.


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