Netflix Membership Additions in 2Q 2018
Here are the tidbits of Netflix recent earnings report ( July 17th) - for Q2 2018 period ending June 30, 2018.
- reported members addition of 5.15M - which is below the analyst estimate of 6.2M or a 17% miss, compared to last quarter it has decreased by 1%.
The chunk of its subscriber growth source is outside the U.S. - 86% International additions.
Netflix stock earnings price reaction
Okay, don't be too sad on Netflix pullback! Its stock price performance YTD +89% (as of 7/23/18 closing price) just below -14.31% from the all-time high.
Twitter: @ Kris_tin27