Revenue: $9.37B, higher than expected Subscribers: 269.6M, +5M higher than expected Net income: $2.3B or $5.28 EPS, 20-25% higher than expected But stock fell 🔻 3% after announcement 🤔 https://www.wsj.com/business/earnings/netflix-nflx-q1-earnings-report-2024-78eababf
Thank you!
Stock went down means bad news
Why did it drop 3% if it is a blowout?
Because it actually wasn’t a blowout
Same thing happened with TSMC, asset managers want to crash this market with no survivors
Netflix is a hot piece of turd. Stock is worth 10% of it's current prices. Sora will kill Netflix in a few years. We will live in our own shows, not watch some junk on TV
Tech Industry
Yesterday
1249
The end of Backdoor Roth?!
2024 Presidential Election
Yesterday
570
Heartwarming peaceful protests
India
Yesterday
591
Who are these retards asking for dictatorship in India?
India
Yesterday
510
Modi is a legend, will be remembered for centuries to come
Tech Industry
Yesterday
3660
Asians - what are your thoughts on asian female white male ?
Sell the news