4 ms·
Here are the key numbers: EPS: $3.53 vs $2.89 expected. Revenue: $7.78 billion vs $7.93 billion expected. Global paid net subscriber additions: A loss of 200
by gordon_freeman 4y ago
Here are the key numbers:
EPS: $3.53 vs $2.89 expected.
Revenue: $7.78 billion vs $7.93 billion expected.
Global paid net subscriber additions: A loss of 200,000 compared with 2.73 million adds expected.
Stock down 23% after-market
- belter 4y agoStock is down 42% since 3 Jan 2022
- gordon_freeman 4y agoI wonder if Bill Ackman is having second thoughts about investing in Netflix during this time of its losing subscribers and slowing growth.
- belter 4y agoWarren Buffet is considered the guru of investment, and was loosing money on IBM for a decade until he exited :-)
- drexlspivey 4y agoHe is probably going to buy more, Netflix is in deep value territory at $260 per share
- bombcar 4y agoFunding secured! Take it private. ;)
- riffraff 4y agohow is earning per share higher than expected while revenue is lower than expected? Did they do an unplanned buy back?
- hammock 4y agoEarnings is net income, not revenue
- gordon_freeman 4y agoSo raising prices of their subs offering did the trick in extracting more earnings out of declining revenue then?
- bombcar 4y agoOr the content costs dropped more than revenue did.
- colinmhayes 4y agoThey spent less than expected