Reed Hastings, chief government officer of Netflix Inc.Akio Kon | Bloomberg | Getty PicturesWall Avenue analysts are respiratory a sigh of aid afte
Reed Hastings, chief government officer of Netflix Inc.
Akio Kon | Bloomberg | Getty Pictures
Wall Avenue analysts are respiratory a sigh of aid after Netflix earnings beat the street on Wednesday after the bell. That does not imply the streaming big is within the clear, although.
In reality, expectations stay excessive for Netflix going ahead and rightly so in line with analysts. Home subscriptions got here in beneath estimates and competitors looms from Disney and Apple although the company largely said it welcomed it.
Shares of the corporate are up over 4% in noon buying and selling.
This is what else analysts are saying about Netflix’s earnings report: