Trump Goes After Reed Hastings Amid Netflix Stock Rout— 'Forced' To Leave? - Netflix (NASDAQ:NFLX), Warne
Second-quarter revenue and profit guidance missed Wall Street estimates, while Reed Hastings said he will leave the board in June after a three-decade run.
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8 Articles
Wall Street Is Punishing Netflix on Guidance, but Price Hikes Reveal the Real Story
The post Wall Street Is Punishing Netflix on Guidance, but Price Hikes Reveal the Real Story appeared first on 24/7 Wall St.. Quick Read Netflix (NFLX) posted Q1 revenue of $12.25B, beating Wall Street estimates by $70M, with adjusted EPS of $1.23 and operating income jumping 18% despite second-quarter guidance missing expectations; the company raised U.S. prices across all tiers in March (ad tier to $8.99, standard to $19.99, premium to $26.9…
Netflix Stock Sinks After Weak Forecast as Reed Hastings Exit Raises Growth Questions
Netflix shares fell 9.8% Friday after a weak second-quarter forecast overshadowed a first-quarter profit boost and news that co-founder Reed Hastings will exit the board in 2026. The company projected Q2 revenue and earnings below analyst estimates, kept its 2026 outlook unchanged, and faces investor doubts over whether price hikes and ad revenue can offset slowing subscriber growth. The post Netflix Stock Sinks After Weak Forecast as Reed Hasti…
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