Netflix Falls On Lower Earnings, Sales Guidance
The streaming service reported first-quarter earnings of 76 cents per share, beating estimates by 19 cents. Sales came in at $4.521 billion, beating estimates by $21 million.
The company issued weak guidance, seeing second-quarter sales of $4.928 billion against a $4.95-billion estimate. Netflix sees second-quarter earnings of 55 cents per share, which may not compare to the 99-cent estimate.
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https://www.benzinga.com/news/earnings/1...icker_page
The streaming service reported first-quarter earnings of 76 cents per share, beating estimates by 19 cents. Sales came in at $4.521 billion, beating estimates by $21 million.
The company issued weak guidance, seeing second-quarter sales of $4.928 billion against a $4.95-billion estimate. Netflix sees second-quarter earnings of 55 cents per share, which may not compare to the 99-cent estimate.
...
https://www.benzinga.com/news/earnings/1...icker_page
![[Bild: NFLXc1dl1653.png]](https://finviz.com/publish/041619/NFLXc1dl1653.png)
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