Netflix subscribers surged but its stock plummeted. Here's why. – 850 WFTL
(NEW YORK) -- Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company's shares have plummeted more t
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(NEW YORK) -- Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company's shares have plummeted more t
Harun Ozalp/Anadolu Agency via Getty Images(NEW YORK) -- Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company's shares have plummeted more than 20%. The reaction on Wall Street marks the latest indication of a profound shift in investor priorities away from subscriber growth and toward the bottom line, which holds implications for striking writers and actors as well as the shows and movies that end up on screen, experts told ABC News. "The tide has turned," Jessica Reif Ehrlich, an entertainment industry analyst with Ban...
Harun Ozalp/Anadolu Agency via Getty Images(NEW YORK) -- Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company's shares have plummeted more than 20%. The reaction on Wall Street marks the latest indication of a profound shift in investor priorities away from subscriber growth and toward the bottom line, which holds implications for striking writers and actors as well as the shows and movies that end up on screen, experts told ABC News. "The tide has turned," Jessica Reif Ehrlich, an entertainment industry analyst with Ban...
Harun Ozalp/Anadolu Agency via Getty Images(NEW YORK) -- Netflix revealed blockbuster subscriber growth in a quarterly earnings report this week, but since then the company's shares have plummeted more than 20%. The reaction on Wall Street marks the latest indication of a profound shift in investor priorities away from subscriber growth and toward the bottom line, which holds implications for striking writers and actors as well as the shows and movies that end up on screen, experts told ABC News. "The tide has turned," Jessica Reif Ehrlich, an entertainment industry analyst with Ban...
Netflix, Inc. (NASDAQ:NFLX) Q2 2023 Earnings Call Transcript July 19, 2023 Netflix, Inc. beats earnings expectations. Reported EPS is $3.29, expectations were $2.84. Spencer Wang: Hello, and welcome to the Netflix Q2 2023 Earnings Interview. I’m Spencer Wang, VP of Finance, IR and Corporate Development. Joining me today are Co-CEOs, Ted Sarandos; and Greg Peters; […]