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0.000423773445327106 0.00096267609256381 7.34867246228515E-06 0.000301295570955084 -0.00506323532653828 0.00139134865286582 0.00366943711618494 0.010124021095589
Stock impact report

Should You Buy Netflix After Its Blowout First Quarter? [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
Netflix(NASDAQ:NFLXBlowout quarterNetflix gained .8 million net new subscribers during the the first quarter, crushing management's prior guidance of 7 million. The company had 8 million global paid streaming memberships as of the end of March. Management's guidance calls for the addition of another 7. million in the second quarter, which would bring the total subscriber count to over 90 million.Image source: Netflix.As good as it gets?Many analysts think thisdemand surgeEvercore ISI's Lee Horowitz wrote, "As good as [first-half] trends appear to be for the company in the midst of the coronavirus pandemic, a slightly more cautious tone was indicated for the back half of the year, as some COVID-related pull-forward begins to bleed off and as tougher content compares potentially weigh on [second-half] growth."These thoughts are not out of left field. Netflix's management wrote in the first-quarter shareholder letter that some of the extraordinary subscriber gains "will turn out to be pu Show less Read more
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