$Netflix(NFLX)$ the result exp

2022-04-21

$Netflix(NFLX)$ the result exploded again. Its stock price plumped 25% after the last earnings, and I didn't expect that appear again. The paid memberships saw the first decline since 2011 with a net loss of 0.2 million. And the worst part is that management said a continued decline of 2 million in the second quarter, which is 10 times in the first quarter!

The following articles describe about Netflix's earnings, please read below:

Netflix Shares Fell 25%, Losing Subscribers Amid Growing Competition, Account Sharing

[PDF]Netflix Shareholder Letter

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Comments

Et1502
2022-04-21
Et1502
Short Term Pain, Long Term Gain.
Believe in their Management.
Lee_Chanz
2022-04-21
Lee_Chanz
considering their poor service, more and more are just stopping their service with them
ElvisMarner
2022-04-21
ElvisMarner
It appears that the stock has lost its investment value.
Mikkiso
2022-04-21
Mikkiso
So what you think ?
CLONGER
2022-04-21
CLONGER
Hard to recover for Netflix....
BellaFaraday
2022-04-21
BellaFaraday
I sympathize with Netflix shareholders.

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