This content was made for video and podcast format:
Netflix (#NFLX) shares are down -10% after the company reported Q1 earnings! What happened?
The streaming company announced GAAP EPS of $3.75 (beats by $0.78) and revenue of $7.16B (+24.1% Y/Y). Although strong dollars values, #Netflix disappointed on the subscription front and logged 3.98M global streaming paid net additions, short of guidance for 6M. Is this a long-term concern?
Should investors buy the Netflix dip?