Netflix Tumbles After Top-Line & Subscriber Miss; Slashed Forward Guidance
April 18, 2023 at 16:09 PM EDT
Netflix shares are sliding after hours following a top-line miss, sub-addition miss, and forward guidance cut. First things first, revenues missed expectations but EPS beat… *NETFLIX 1Q REV. $8.16B, EST. $8.18B *NETFLIX 1Q EPS $2.88, EST. $2.86 Sub-additions rose less than expected… *NETFLIX 1Q STREAMING PAID NET CHANGE +1.75M, EST. +2.41M *NETFLIX 1Q STREAMING PAID […] Source
