Netflix font too small6/23/2023 ![]() If those numbers prove accurate, Q1 2022 will mark the slowest start to a year since 2011.Ī more comprehensive assessment would include concerns regarding a pull forward in subscriber growth during lockdowns, increased competition, the relaxation of pandemic restrictions leading to reduced demand for streaming services, and questions ranging from the size of the firm’s debt to prospects for an increase in free cash flow. Management forecasts 2.5 million new customers to be added in the first quarter. The short answer to the cause of the collapse is the relatively anemic guidance during the earnings call for subscriber growth. Year-to-date, the stock has tumbled by well over 40%. ![]() Even though NFLX beat on the top and bottom line, and reported an 8.9% year over year increase in paid subscribers, the shares tumbled.įollowing the earnings call, NFLX sank by 18% in after hours trading. Unfortunately for investors, that trend changed markedly following Q4 2021 results. Over the last decade, the stock’s price has increased by nearly 2,200%. Netflix, Inc ( NASDAQ: NFLX) has been a growth investor’s dream. ![]() Hapabapa/iStock Editorial via Getty Images
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