The streaming giant came into the second-quarter results with huge expectations as analysts and clients believed the stay-at-home stock would be a beneficiary of the coronavirus pandemic.
But Neflix provided weaker than expected third-quarter guidance of subscriber additions, sending investors for cover. The company did beat on revenue for the second quarter, but missed on earnings per share leaving some analysts scratching their heads and wondering if the momentum can continue.Here's what analysts are saying about the company's second-quarter earnings report:
Pro Netflix = commies ☠️🐀☠️
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »