Netflix stock tanks after adding less than 1M new U.S. subscribers last quarter

23:20 14.10.2015
Netflix stock is tanking after it reported lower than expected revenues of 1.58 billion. Analysts were expecting quarterly revenue of $1.75 billion. Netflix also missed on earnings today, with $0.07 per share versus the analyst predicted $0.08. This quarter the company raised its number of subscribers by 3.62 million to more than 69 million in total. That is just […]...
  1,261