NFLX Shares Slide On Lower Revenue Guidance, Free Cashflow Sinks
July 18, 2024 at 16:18 PM EDT
Courtesy of ZeroHedge Having face-rippingly rallied off the Q1 warnings of the slower subscriber growth, Netflix reported – guess what – slower subscriber growth in Q2, and cut its revenue guidance for Q3 (and full year FCF outlook), sending the stock lower after hours… At first glance, it was good news as Netflix reported streaming […] Source
