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Stock impact report

Netflix stock slides as earnings beat estimates, co-founder Reed Hastings announces departure from board [Yahoo! Finance]

Paramount Skydance Corporation - Class B (PSKY) 
Company Research Source: Yahoo! Finance
Discovery ( WBD ) to Paramount Skydance ( PSKY ) and raised its subscription prices. But the stock fell 8% in extended trading after second quarter guidance disappointed. The company also announced that its co-founder Reed Hastings, who took the company from a mail-order DVD company to the streaming giant it is today, plans to leave the board in June once his term expires. NasdaqGS - Nasdaq Real Time Price • USD Netflix, Inc. (NFLX) Follow View Quote Details At close: 4:00:00 PM EDT After hours: 5:43:16 PM EDT NFLX PSKY WBD Advanced Chart In Q1, Netflix reported revenue of $12.25 billion, compared with the Street's $12.17 billion estimate, per Bloomberg consensus data. In the first quarter of last year, the company reported revenue of $10.54 billion. Adjusted earnings per share came in at $1.23, compared to estimates of $0.76. In the same quarter a year ago, earnings were $0.66. The company issued a 10-for-1 stock split in mid-November. Read more: Liv Show less Read more
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