Netflix stock slips as it adds fewer-than-expected subscibers

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Netflix posted first-quarter earnings that beat expectations, and income that was in keeping with analysts' estimates on Monday. However the inventory slumped barely after hours as the corporate added fewer subscribers than anticipated, and ahead earnings steerage fell fall in need of analyst forecasts.

  • EPS: 40 cents vs. 37 cents per share anticipated by a Thomson Reuters estimate
  • Income: $2.64 billion vs. $2.64 billion anticipated by a Thomson Reuters estimates
  • Internet provides (home streaming): 1.42 million vs. 1.56 million anticipated by a FactSet estimate
  • Internet provides (worldwide streaming): three.53 million vs. three.71 million anticipated by a FactSet estimate
  • Variety of subscribers (complete): 98.75 vs. 98.93 million anticipated by a FactSet estimate
  • Steerage(Q2 EPS): 15 cents vs. 24 cents a share anticipated by a Thomson Reuters estimate
  • Steerage (Q2 Income): $2.76 billion vs. $2.76 billion anticipated by a Thomson Reuters estimate

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