All Channels
50°

Netflix Stock Taking Beating As 3Q Subscriber Numbers Weak

Deadline says:

Netflix shares are currently down more than 18% in after-hours trading after the company reported 3Q earnings that beat Wall Street estimates in revenue and earnings per share. But the problem for investors is that the number of fleeing subscribers was even higher during the quarter than even Netflix anticipated when it revised down its guidance for the period owning to its recent missteps that included a price hike the splicing and re-splicing of its streaming and mail services. Stay tuned for the full numbers, but it’s wild to see Netflix stock drop below $100 as we speak. For the quarter, the company reported revenue of $822 million, beating estimates of $812 million, and earnings per share of $1.16, which is better than the predicted 94 cents. But shares are falling because of subscriber losses (800,000-plus in the quarter) and lower 4Q guidance for revenue, income and subs.

Read Full Story >>
deadline.com
Create Report !X

Add Report

Reports

+ Updates (1)- Updates (1)

Updates

Changed from Pending to Approved
Community4566d ago
40°
6.0

Don't Hate the Player Episodes 1-4 Review: Oversmart Contestants With Bad Strategy - Filmzzine

Don't Hate the Player Review (Episodes 1-4): The survival reality show brings 13 people on an island to compete against each other and win 150,000 euros.

Read Full Story >>
filmzzine.com
Create Report !X

Add Report

Reports

+ Updates (1)- Updates (1)

Updates

Changed from Pending to Approved
Community8d ago
30°
6.0

Stolen Review: Elin Oskal Starrer Highlights the Harsh Reality of the Sámi Community - Filmzzine

Stolen Review: The film follows Sweden's Indigenous Sámi community and the modern day challenges faced by them, through the perspective of a young girl.

Read Full Story >>
filmzzine.com
Create Report !X

Add Report

Reports

+ Updates (1)- Updates (1)

Updates

Changed from Pending to Approved
Community13d ago
40°
4.0

The Tearsmith Review: Story's Potential is Wasted With Over Drama and Fast Pace - Filmzzine

The Tearsmith Review: The story follows Nica and Rigel, whose shared dark history transform into an irresistible attraction that pulls them together.

Read Full Story >>
filmzzine.com
Create Report !X

Add Report

Reports

✔ Fixed
Bad Editing
Site name on a review please.
Garethvk21d ago WhoDisagree(0)Agree(0)
+ Updates (2)- Updates (2)

Updates

Changed from Pending to Approved
Community20d ago
Changed: title
Corgi_igor21d ago