July 20, 2021 | Daily JAM, NFLX |
Ater the close on Tuesday, July 19, Netflix reported second quarter results that showed a stunning slowdown in the growth of new subscribers. In the quarter Netflix added just 1.54 million new customers. All of the growth came from the Latin American and Asia-Pacific regions. Netflix los 430,000 customers in the U.S. and Canada market. Adding to the bad news the company projected that in the third quarter it would add just 3.5 million subscribers. That’s well below the Wall Street consensus projection of 5.86 million. In this context revenue and earnings are an afterthought.
October 20, 2020 | Daily JAM, NFLX, Stock Alerts |
Netflix (NFLX) shares fell 5.42% in after-hours trading (after closing 1% lower in the regular session) after the company reported additions to paid subscribers the missed estimates and lower guidance for the rest of 2020. Revenue for the company's third quarter was...
July 16, 2020 | Daily JAM, NFLX |
After the close of trading in New York today, July 16, Netflix (NFLX) reported second quarter earnings of $1.59 a share, below the analyst consensus of $1.81. Revenue climbed 25% to $6.1 billion. The company did add 10.1 million customers to its streaming service in...
December 26, 2018 | Daily JAM, NFLX, Short Term, Stock Alerts, Volatility |
To subscribe to JAM you need to fill in some details below including, ahem, some info on how you'll pay us. A subscription is $199 (although if you're subscribing with one of our special offers it will be lower) for a year for ongoing and continuing access to the...
August 13, 2018 | AAPL, AMZN, DIS, NFLX, Notes You Need |
Sector Monday is my regular (or occasionally regular) post on the investible trends in a timely sector. I'm filling the first of the two weeks while I'm on break in Sicily (it's nasty work but some has to do it) with a week of Sector Monday posts. Normally these posts...
