Netflix to stop sharing user count, shares slide
STORY: Shares of Netflix slid more than 8% Friday morning after the streaming service surprised investors by saying it would no longer disclose key subscriber and revenue numbers.
The announcement came late Thursday when the company reported earnings. Netflix missed second-quarter revenue forecasts, and further spooked Wall Street with its decision to withhold quarterly subscriber additions and average revenue per subscriber beginning in the first quarter of 2025.
The streaming pioneer’s move to hold back those crucial metrics – which have traditionally helped boost its stock price – feeds into analysts’ expectations that subscriber growth is waning amid fierce competition.
Netflix did handily beat subscriber expectations for the first quarter, as its cheaper, ad-supported plans helped attract 9.3 million new customers, nearly double the forecast of analysts polled by LSEG.
But executives have urged investors to focus on overall revenue and operating margins when assessing the company's progress, rather than customer additions.
Friday’s stock slide also weighed on shares of rivals Roku and Walt Disney. If the losses hold, Netflix could see more than $22 million wiped off its market capitalization.
相關影片推薦
- 1:17不滿親戚未下跪祭拜 靈堂前上演全武行|#鏡新聞鏡新聞156,513 次觀看・14 小時前
- 1:39清涼一嚇 迷你風扇危機 日消防局:摔過易爆炸東森新聞影音8,289 次觀看・6 小時前
- 1:58宜蘭在地73年! 「城隍早餐店」7/12將停業TVBS新聞網影音4,914 次觀看・13 小時前
- 1:53普丁時隔24年訪北韓 金正恩超高規格接待 巨型肖像、紅毯相迎Yahoo奇摩(國際通)9,158 次觀看・10 小時前
- 1:38贏台積電? 迴轉壽司店長月薪81K 網友:不要以為很容易民視影音7,494 次觀看・7 小時前
- 0:53美式賣場「256萬金條」秒賣光! 對比2年前已漲81萬東森新聞影音22,300 次觀看・11 小時前
- 1:48台鐵公司化後薪資未定案差3000元 新員工:恐多退少補東森新聞影音1,587 次觀看・6 小時前
- 2:01抗議擴招醫學生 南韓醫生再罷工 萬人集會喊27日起「無限期停診」Yahoo奇摩(國際通)11,087 次觀看・15 小時前
- 1:35告別式逾10人打群架 疑不滿被要求「下跪」TVBS新聞網影音1,003 次觀看・12 小時前
- 1:44女大生發票中4000元! 因「字體太淡」無法兌獎東森新聞影音110,339 次觀看・1 天前