.Netflix is expected to report second-quarter earnings after Wall Street closes Tuesday.
The streaming service’s shares have dropped nearly 70% in 2022. In a first-quarter report, Netflix noted a loss of 200,000 subscribers — its first subscriber decline since October 2011.
The success of the latest season of Stranger Things is not projected to offer enough help to right the streaming service’s subscriber trend.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix has a different pitch for Wall Street, as subscriber growth hits a wallNetflix Inc. is no longer a hypergrowth company, so executives are trying to showcase an improvement that was once one of Wall Street's prime worries about...
Read more »
Analysis: Wall Street can't take its eyes off Netflix'Investors are on the edge of their seats to see whether this quarter was just Regular Bad or Holy Crap Bad,' writes Allison Morrow | Analysis
Read more »
Stocks sweep higher on Wall Street as profit reports roll inInvestors were cheered by strong earnings reports and an ongoing decline in the price of gasoline, easing inflation fears.
Read more »
ATEEZ Announces Dates And Cities For Their 2nd World Tour Of 2022, “THE FELLOWSHIP: BREAK THE WALL”Just months after wrapping up their latest world tour, ATEEZ is heading abroad on their second tour of the year! The booked-and-busy group just held the final concerts of their “THE FELLOWSHIP: BEGINNING OF THE END” world tour in Japan this weekend, and they’re currently preparing to make a comeback at the end of this
Read more »
Netflix earnings are out - the company lost almost 1 million subscribers in Q2Netflix reported its latest quarterly earnings on Tuesday, July 19. The streamer lost a little less than 1 million subscribers.
Read more »
Netflix Q2 subscriber loss widens, but not as much as fearedSAN FRANCISCO (AP) — Netflix shed almost 1 million subscribers during the spring amid tougher competition and soaring inflation that’s squeezing household budgets, heightening the urgency behind the video streaming service’s effort to launch a cheaper option with commercial interruptions.
Read more »