Netflix Earnings Land on Target but Stock Takes a Hit
Netflix delivered a second quarter that matched what analysts expected, but investors reacted by sending shares down sharply after the company signaled that growth may keep cooling and said it would pull back on how often it shares viewership details. The Numbers Behind Netflix The streaming company posted revenue of $12.56 billion for the period […] The post Netflix Earnings Land on Target but Stock Takes a Hit appeared first on Rolling Out.
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Netflix delivered a second quarter that matched what analysts expected, but investors reacted by sending shares down sharply after the company signaled that growth may keep cooling and said it would pull back on how often it shares viewership details. The Numbers Behind Netflix The streaming company posted revenue of $12.56 billion for the period […]
The post Netflix Earnings Land on Target but Stock Takes a Hit appeared first on Rolling Out.
