Tag: Netflix shares

Netflix stocks closed 2% lower on Thursday after falling 5% the previous day. This comes after comments from CFO Spencer Neumann at Bank of America's Media, Communications, and Entertainment Conference that touched on the company's lower-than-expected outlook on its operating margins. After speaking on numerous...

New Netflix subscribers in the U.S. will no longer have access to the streamer’s lowest-priced ad-free plan. The company removed the $9.99 a month “Basic” plan from its U.S. offering this week after making the same move in Canada in June. According to the statement...

Former CEO of Yahoo Marissa Mayer revealed in an interview on Saturday that passing up the opportunity to invest in Netflix remains one of her major regrets during her time leading Yahoo. Mayer explained that while the decision to acquire Netflix or rival streaming platform...

Streaming giant Netflix shared its first-quarter earnings report on Tuesday that revealed mixed results. The company managed to beat the Wall Street estimates on earnings per share (EPS) but failed to clear the mark on revenue and subscribers estimates. Netflix reported revenue of $8.16 billion,...

Netflix Inc has unveiled its latest strategic decision involving auto manufacturer General Motors. The company revealed that it will feature GM electric vehicles in some of its upcoming programming. The streaming giant announced on Thursday that it has reached an agreement with General Motors to...

Netflix shares advanced during after-hours trading on Thursday while Nordstrom and Bed Bath and Beyond fell. Netflix's rise came after the release of its fourth-quarter financial results. While the streaming platform's revenue was $7.85 billion—falling short of $7.86 billion—its addition of 7.66 million subscribers far...