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NFLX Jun 2024 130.000 call
- Yahoo Finance Video
Israel strikes Iran, oil prices, Netflix earnings: 3 Things
Stock futures edge lower (^DJI, ^IXIC, ^GSPC) ahead of Friday's market open after Israel retaliated against Iran by launching its own series of airstrikes. Crude oil futures (CL=F, BZ=F) retreat on the headlines of increasing Middle East tensions, centered around the airstrikes coordinated by Israel last night. Lastly, Netflix (NFLX) shares fall in pre-market trading in the wake of reporting 9.3 million new subscriber additions in its first quarter. Ultimately, the streamer's second-quarter revenue forecasts have seemed to disappoint investors. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.
- Yahoo Finance
'We've evolved': Netflix explains decision to stop reporting crucial subscriber data
Netflix will no longer report membership numbers starting next year.
- Yahoo Finance Video
Netflix earnings, subscriber growth crush estimates
Netflix (NFLX) reported first quarter results that beat Wall Street expectations. Earnings per share of $5.28 top estimates of $4.52. Revenue of $9.37 billion was better than expectations of $9.26 billion. The streaming giant added 9.33 million paid subscribers, crushing estimates of 4.84 million. For the second quarter, Netflix sees earnings of $5.28 per share, well above the expected $4.52. The revenue estimate of $9.49 billion was just about in line with estimates of $9.51 billion. Yahoo Finance's Julie Hyman and Myles Udland discuss the breaking results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
