Netflix Stock Falls Despite Solid Q3 Results On Lowered Q4 Revenue And Advertising Guidance
Battered Netflix shares tumbled in after-hours trading Tuesday as the company issued a worrisome decrease in guidance for fourth-quarter revenue and full-year advertising sales. The swoon, which was partially reversed as the full results were digested, came despite a solid set of financials for the third quarter. Earnings per share of 87 cents beat Wall […]
We haven't written up this one. Deadline has the full story — the link below goes straight to it.
