Finance & Business

Feb 25 2020

#Nflx #earnings #date-Nflx earnings date

Nflx earnings date Netflix Earnings: What Happened NFLX hits subscribers estimates but growth is slowing What Happened Netflix reported earnings on January 21 and warned that subscriber growth could decline to 17% in the coming quarter, down from 20% in the last quarter. While Netflix reported higher than expected earnings, it was largely due to an unexpectedly light tax bill, because of new Treasury Department guidance on the 2017 tax cuts.   Netflix’s sky-high stock price has continued to soar because it has promised growth. If growth continues to fall, investors may lose patience in the stock. (Below is …

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