Netflix (NFLX) Stock Analysis: Buy The -10% Dip?
Netflix (NFLX) Stock Analysis: Buy The -10% Dip?

Netflix (NFLX) Stock Analysis: Buy The -10% Dip?

Kamene Goro

11 min
Business & Finance
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Description

<p>Netflix (#NFLX) shares are down -10% after the company reported Q1 earnings! What happened?</p> <p>The streaming company announced GAAP EPS of $3.75 (beats by $0.78) and revenue of $7.16B (+24.1% Y/Y). Although strong dollars values, #Netflix disappointed on the subscription front and logged 3.98M global streaming paid net additions, short of guidance for 6M. Is this a long-term concern?</p> <p>Should investors buy the Netflix dip?</p>

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hannah.wave

hannah.wave

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