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Post by John Titor on Apr 20, 2022 8:53:43 GMT 10
www.cnn.com/2022/04/19/media/netflix-earnings/index.htmlAfter shares tanked earlier this year because of concerns over its subscriber growth, the streaming leader said that it lost subscribers when it reported first quarter earnings on Tuesday. Netflix (NFLX) now has 221.6 million subscribers globally. It lost 200,000 subscribers in the first quarter of 2022, the company reported on Tuesday. The service was expected to add 2.5 million subscribers, and it said it expects to lose another 2 million subscribers in the second quarter of 2022. The report sent the stock down as much as 25% in after-hours trading. Netflix's fourth quarter profit was $1.5 billion, down from $1.7 billion in the year-earlier quarter. Revenue jumped 9.8%, to $7.8 billion. It cannot be overstated just how bad of a report this is for the king of streaming right now. The company's stock has fallen more than 40% year to date, and coming into the earnings there was a lot of concern from investors regarding its growth -- concerns that were realized Tuesday with Netflix missing not only the low bar of its own expectations but losing thousands of subscriptions to boot — something that hasn't happened at the company in more than a decade.
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Post by John Titor on Apr 20, 2022 23:57:07 GMT 10
@starro stop stealing my threads
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Post by slashpop on Apr 20, 2022 23:58:24 GMT 10
www.cnn.com/2022/04/19/media/netflix-earnings/index.htmlAfter shares tanked earlier this year because of concerns over its subscriber growth, the streaming leader said that it lost subscribers when it reported first quarter earnings on Tuesday. Netflix (NFLX) now has 221.6 million subscribers globally. It lost 200,000 subscribers in the first quarter of 2022, the company reported on Tuesday. The service was expected to add 2.5 million subscribers, and it said it expects to lose another 2 million subscribers in the second quarter of 2022. The report sent the stock down as much as 25% in after-hours trading. Netflix's fourth quarter profit was $1.5 billion, down from $1.7 billion in the year-earlier quarter. Revenue jumped 9.8%, to $7.8 billion. It cannot be overstated just how bad of a report this is for the king of streaming right now. The company's stock has fallen more than 40% year to date, and coming into the earnings there was a lot of concern from investors regarding its growth -- concerns that were realized Tuesday with Netflix missing not only the low bar of its own expectations but losing thousands of subscriptions to boot — something that hasn't happened at the company in more than a decade. Just heard about this earlier today. Doesn’t sound good.
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Post by John Titor on Apr 20, 2022 23:59:19 GMT 10
www.cnn.com/2022/04/19/media/netflix-earnings/index.htmlAfter shares tanked earlier this year because of concerns over its subscriber growth, the streaming leader said that it lost subscribers when it reported first quarter earnings on Tuesday. Netflix (NFLX) now has 221.6 million subscribers globally. It lost 200,000 subscribers in the first quarter of 2022, the company reported on Tuesday. The service was expected to add 2.5 million subscribers, and it said it expects to lose another 2 million subscribers in the second quarter of 2022. The report sent the stock down as much as 25% in after-hours trading. Netflix's fourth quarter profit was $1.5 billion, down from $1.7 billion in the year-earlier quarter. Revenue jumped 9.8%, to $7.8 billion. It cannot be overstated just how bad of a report this is for the king of streaming right now. The company's stock has fallen more than 40% year to date, and coming into the earnings there was a lot of concern from investors regarding its growth -- concerns that were realized Tuesday with Netflix missing not only the low bar of its own expectations but losing thousands of subscriptions to boot — something that hasn't happened at the company in more than a decade. Just heard about this earlier today. Doesn’t sound good. hes stealing another thread www.inthe00s.com/index.php?PHPSESSID=b3be1339a70a2e15d3321acd0625fd00&topic=63920.0
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Post by slashpop on Apr 21, 2022 0:19:24 GMT 10
That's messed up. You should do something.
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Post by 10slover on Apr 21, 2022 1:14:42 GMT 10
Netflix is the new blockbuster haha
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Post by John Titor on Apr 21, 2022 2:13:13 GMT 10
Netflix is the new blockbuster haha i'ts what she deserves
slashpop likes this
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Post by 10slover on Apr 21, 2022 7:10:56 GMT 10
Netflix is the new blockbuster haha i'ts what she deserves It's funny how it's literally doing the same mistakes as Blockbuster Another classic 2010s website is dying
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Post by John Titor on Apr 21, 2022 7:16:49 GMT 10
i'ts what she deserves It's funny how it's literally doing the same mistakes as Blockbuster Another classic 2010s website is dying yupp, looks like HBO MAX and Disney Plus have it beat
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Post by 10slover on Apr 21, 2022 7:46:30 GMT 10
It's funny how it's literally doing the same mistakes as Blockbuster Another classic 2010s website is dying yupp, looks like HBO MAX and Disney Plus have it beat I think in the future people will see the 2010s as the golden age of movie/series streaming When you could stream any movie/series you wanted in just one site
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Post by John Titor on Apr 21, 2022 10:54:05 GMT 10
yupp, looks like HBO MAX and Disney Plus have it beat I think in the future people will see the 2010s as the golden age of movie/series streaming When you could stream any movie/series you wanted in just one site remember when Hulu was free
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Post by 10slover on Apr 21, 2022 10:59:09 GMT 10
I think in the future people will see the 2010s as the golden age of movie/series streaming When you could stream any movie/series you wanted in just one site remember when Hulu was free Yeah lol, I actually used it back in those days. Though the only movie i watched was resident evil 1 for free It's crazy seeing it become a big streaming service now, back then everyone saw it as the poor man's Netflix, now it actually rivals netflix... And it may actually overtake and eventually outlive netflix lol
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Post by sman12 on Apr 21, 2022 20:52:02 GMT 10
No wonder. Not only are their prices rising, but there isn't a lot of exciting new, original content (besides shows like Squid Game or Arcane as opposed to other streaming platforms, and I personally found Netflix a lot more boring than usual as a result.
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Post by John Titor on Apr 22, 2022 12:01:45 GMT 10
slim95 the thread you posted in isn't the real thread, just letting you know.
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Post by Deleted on Apr 22, 2022 12:02:19 GMT 10
slim95 the thread you posted in isn't the real thread, just letting you know. Ok thanks, I'll post in this one instead then.
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