Financial Movers

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


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Netflix (#NFLX) shares are down -10% after the company reported Q1 earnings! What happened?

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?

Should investors buy the Netflix dip?

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Financial MoversBy Financial Movers