Netflix shares plunges with 14 % after worse than expected data report

19.07.2016 / 01:23

Rating:

The expectations were 2 millions international new customers and 500 000 americans . While the real data are way worse . 1.52 new international users and only 160 000 americans .

The profits are 41 millions which is 9 cent per share , while expectations were 3 cents per share.

Sales growth is 33 % to 1.97 billions , which is below expectations ( 2.1 billions .)

Company shares dropped with 14 % to 84 dollars per share.

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Netflix shares plunges with 14 % after worse than expected data report

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