Netflix Earnings Per Share Falls Below Market Expectations Monday, July 26, 2018

#ad▼

FBN’s Susan Li on how Netflix’s stock plunged after the release of its earnings report.

Netflix reported second-quarter earnings after the market closed on Monday, July 16, 2018.

Netflix fell short of its subscriber addition projections for the first time in five quarters, resulting in shares falling more than 14 percent.

Netflix added 5.15 million subscribers, about one million less than forecast.

Analysts have expressed concerns that competitors, such as Amazon will bolster their their streaming efforts, while content kings, Disney and AT&T (Warner, HBO, etc.) are prepared to invest in more digital content.

There is a forecast that Netflix will spend up to $8 billion this year on 700 original series.

MORE INFO BELOW ADS …




^^ MOBILE? USE VOICE MIC ^^

 facebook … 

GET ALERTS on Facebook.com/ArlingtonCardinal

GET ALERTS on Facebook.com/CardinalEmergencies

GET ALERTS on Facebook.com/ArlingtonHeightsCrime

Get updates from The Cardinal ALL NEWS FEEDS on Facebook. Just ‘LIKE’ the ‘Arlington Cardinal Page (become a fan of our page). The updates cover all posts and sub-category posts from The Cardinal — Arlingtoncardinal.com. You can also limit feeds to specific categories. See all of The Cardinal Facebook fan pages at Arlingtoncardinal.com/about/facebook …


Help fund The Cardinal Arlingtoncardinal.com/sponsor

20240105-1435future

Search Amazon …

Search for products sold on Amazon:

Arlingtoncardinal.com is an Amazon Associate website, which means that a small percentage of your purchases gets paid to Arlingtoncardinal.com at no extra cost to you. When you use the search boxes above, any Amazon banner ad, or any product associated with an Amazon banner on this website, you help pay expenses related to maintaining Arlingtoncardinal.com and creating new services and ideas for a resourceful website. See more info at Arlingtoncardinal.com/AdDisclosure