Monday, April 18, 2016

Netflix posts a mixed Q1 but adds 6.74M new subscribers

netflix-earnings1 Despite adding a record number of new users in the first quarter, Netflix is having a no good, very bad day. The company reported earnings of 6 cents per share — a beat — but missed on revenue targets with $1.96 billion in revenue. Analysts were expecting earnings of 3 cents per share on $1.97 billion in revenue. But that miss on revenue might not be the only thing weighing on… Read More

from Amazon – TechCrunch http://techcrunch.com/2016/04/18/netflix-posts-a-mixed-q1-but-adds-6-74m-new-subscribers/?ncid=rss

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