Netflix Declines On Earnings Report Stating Weak Guidance

Netflix declined around 1% following its first-quarter earnings in the recent time. The company reported quarterly revenue that surpassed estimates but comprised light guidance for the next quarter. As per to Refinitiv estimates—compared to Wall Street’s predictions—Netflix reported earnings per share as 76 Cents while expected was 57 Cents. The revenue earned was $4.52 Billion… Continue reading Netflix Declines On Earnings Report Stating Weak Guidance