Netflix's (NFLX) first quarter earnings results were mixed, with the streamer slightly missing analysts' revenue projections ($8.16 billion versus $8.18 billion expected). The stock moved fairly dramatically in after-hours trading, ultimately nearing the flatline by the time the call wrapped up. Yahoo Finance's Brad Smith and Seana Smith were listening to the Netflix earnings call. Among their key takeaways: Netflix leadership was "very excited" about a lot of things, but pretty vague on the details. On some of the bigger issues analysts have been eyeing, the company shed more light on their password-sharing crackdown, but did not share much about what lies ahead for its ad tier plans. Click here to watch the full Netflix "After the Call."Key video moments00:10 Breaking down Netflix's stock moves01:55 Seana's key takeaways: Password crackdown, live events, ad plan 03:29 Brad's key takeaways: Executives vague on details, pricing, call format is...not great Read More...
Netflix’s (NFLX) first quarter earnings results were mixed, with the streamer slightly missing analysts’ revenue projections ($8.16 billion versus $8.18 billion expected). The stock moved fairly dramatically in after-hours trading, ultimately nearing the flatline by the time the call wrapped up.
Yahoo Finance’s Brad Smith and Seana Smith were listening to the Netflix earnings call. Among their key takeaways: Netflix leadership was “very excited” about a lot of things, but pretty vague on the details. On some of the bigger issues analysts have been eyeing, the company shed more light on their password-sharing crackdown, but did not share much about what lies ahead for its ad tier plans.
Click here to watch the full Netflix “After the Call.”
Key video moments
00:10 Breaking down Netflix’s stock moves
01:55 Seana’s key takeaways: Password crackdown, live events, ad plan
03:29 Brad’s key takeaways: Executives vague on details, pricing, call format is…not great
Read More
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