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Stockreport

Netflix is going to stop telling the world how many subscribers it has. Why? [Business Insider]

Alphabet Inc. - Class C Capital Stock (GOOG)  More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
But Netflix says those numbers no longer reflect its real value. Will Wall Street go for that? For years, Netflix investors cared about one thing more than anything else: Go-go growth, which they measured by the number of subscribers the streaming company signed up. Now, those investors are going to have to live without that data. Starting next year, Netflix will stop releasing subscriber statistics on a regular basis, the company announced. Instead, it said in an investor letter, it will "announce major subscriber milestones as we cross them." It's a major shift in how the company interacts with Wall Street. And it comes on the same day that the company announced a huge boost in subscribers: Netflix said it added 9.3 million paying users in the last quarter — about 4 million more than the average Wall Street forecast. What's the rationale for the change? Netflix says it's because it no longer thinks subscriber growth is a good way to understand the company's progress — s [Read more]
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Stockreport

Netflix is going to stop telling the world how many subscribers it has. Why? [Business Insider]

Alphabet Inc. - Class C Capital Stock  (GOOG) 
More Company Research Source: Business Insider
Last alphabet inc. - class c capital stock earnings: 4/28 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: abc.xyz/investor
But Netflix says those numbers no longer reflect its real value. Will Wall Street go for that? For years, Netflix investors cared about one thing more than anything else: Go-go growth, which they measured by the number of subscribers the streaming company signed up. Now, those investors are going to have to live without that data. Starting next year, Netflix will stop releasing subscriber statistics on a regular basis, the company announced. Instead, it said in an investor letter, it will "announce major subscriber milestones as we cross them." It's a major shift in how the company interacts with Wall Street. And it comes on the same day that the company announced a huge boost in subscribers: Netflix said it added 9.3 million paying users in the last quarter — about 4 million more than the average Wall Street forecast. What's the rationale for the change? Netflix says it's because it no longer thinks subscriber growth is a good way to understand the company's progress — s [Read more]
IMPACT SNAPSHOT
EVENT TIME:
GOOG
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS