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Netflix Gives a Weak Forecast. Its DVDs Are Going Away.

Por: MarketWatch Business April 19, 2023

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Netflix stock fell as much as 9% in after-hours trading following the earnings report. A half hour later it was trading nearly flat. For the quarter, Netflix posted revenue of $8.17 billion, up 3.7%, with profits of $2.88 a share. The company had projected $8.2 billion in revenue, and earnings of $2.82 a share. The Wall Street consensus estimates had called for $8.2 billion and $2.86 a share. The company has stopped providing a specific forecast... + full article



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