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April 18, 2016 08:26 pm GMT
Despite adding a record number of new users in the first quarter, Netflix is having a no good, very bad day. The company reported earnings of 6 cents per share — a beat — but missed on revenue targets with $1.96 billion in revenue. Analysts were expecting earnings of 3 cents per share on $1.97 billion in revenue. But that miss on revenue might not be the only thing weighing on… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/JVtIfXBiiGo/
Netflix posts a mixed Q1 but adds 6.74M new subscribers
Despite adding a record number of new users in the first quarter, Netflix is having a no good, very bad day. The company reported earnings of 6 cents per share — a beat — but missed on revenue targets with $1.96 billion in revenue. Analysts were expecting earnings of 3 cents per share on $1.97 billion in revenue. But that miss on revenue might not be the only thing weighing on… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/JVtIfXBiiGo/
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