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October 20, 2020 08:28 pm GMT

Heres why Netflix shares are off after reporting earnings

Shares of consumer video service Netflix are down sharply after the bell today, following the company’s Q3 earnings report. Why is Netflix suddenly worth about 5% less than before? A mixed earnings report, a disappointing new paying customer number, and slightly slack guidance appear to be the answer. The numbers Heading into the third quarter, […]

Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/842GvsyzMDs/

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