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-2.32623057597258E-05 -0.00197729598957841 -0.00274495207965002 -0.00283800130268905 -0.00437331348283241 -0.0204243044570577 -0.0229831580906299 -0.0101656276170094
Stock impact report

Netflix Management Is Pumping the Brakes on Growth Estimates [The Motley Fool]

Netflix, Inc. (NFLX) 
Last netflix, inc. earnings: 4/21 04:00 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.netflix.com/investor-relations
Company Research Source: The Motley Fool
Expectations were high going intoNetflix(NASDAQ:NFLXfirst-quarter financial reportturning to NetflixThe streaming giant added a whopping .77 million new paying subscribers worldwide, up % year over year, bringing its worldwide tally to 8.86 million. Even domestic subscriber growth, which had been largely stagnant, took off, adding . million customers, up %.Those numbers, as impressive as they are, had Netflix management backpedaling, trying to rein in investor enthusiasm, and suggesting that the rapid subscriber gains might come at a price.Image source: Getty Images.A bit of perspectiveBack in January, Netflix provided its forecasted growth for the first quarter. It's worth noting that the company has a pretty impressive track record when it comes to its projections, exceeding its best guess in of the past 6 quarters. Netflix has had difficulty with its second-quarter estimates, which it missed in three of the past four years.For Q, Netflix guided for global streaming paid membership Show less Read more
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