Skip to main content

Netflix reports losing 200K subscribers in Q1, vs. 2.5M net additions est., and revenue of $7.87B, vs. $7.95B est.; the stock is down 24%+ after hours (Emily McCormick/Yahoo Finance) https://ift.tt/0QBNj49

Emily McCormick / Yahoo Finance:
Netflix reports losing 200K subscribers in Q1, vs. 2.5M net additions est., and revenue of $7.87B, vs. $7.95B est.; the stock is down 24%+ after hours  —  Netflix (NFLX) reported an unexpected decline in first-quarter net subscribers as the company navigated an exit from Russia and an increasingly saturated North American market.



Comments

Popular posts from this blog

FAA approves the first fully automated commercial drone flights, letting Massachusetts-based American Robotics operate its drones in rural areas below 400 feet (Wall Street Journal) https://ift.tt/3oQGbvc

Wall Street Journal : FAA approves the first fully automated commercial drone flights, letting Massachusetts-based American Robotics operate its drones in rural areas below 400 feet   —  American Robotics granted permission to operate drones without hands-on piloting  —  U.S. aviation regulators have approved …

Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes (Kana Inagaki/Financial Times) https://ift.tt/3htYmnJ

Kana Inagaki / Financial Times : Fujitsu eyes 20 potential M&A targets as part of a five-year $5.8B plan aiming to strengthen its digital services and capitalize on US-China trade disputes   —  Shortlist is part of investment push to hasten group's pivot to digital services  —  Fujitsu has drawn up a shortlist …

India bans 20 "anti-India" YouTube channels and two websites for allegedly being tied to Pakistan, invoking its new IT Act's emergency powers for the first time (The Economic Times) https://ift.tt/3FlSHLn

The Economic Times : India bans 20 “anti-India” YouTube channels and two websites for allegedly being tied to Pakistan, invoking its new IT Act's emergency powers for the first time   —  India banned 20 YouTube channels and two websites on Monday for allegedly running anti-India propaganda from Pakistan …