Home Netflix Q2 customer growth falls short of expectations after price hike

Keywords :   

Netflix Q2 customer growth falls short of expectations after price hike

2019-07-18 08:37:00| Telecompaper Headlines

(Telecompaper) Netflix fell short of expectations in its customer growth in the second quarter, both in the US - where customers declined for the first time - and at its international operations. The company forecast a recovery in the third quarter, with net additions of 7.0 million. The share price fell around 11 percent in after-hours trading. 

Tags: price short customer growth


Latest from this category

All news

19.08BT looking to offload Dutch Global Services infrastructure - report
19.08Vodafone Idea names Takkar as CEO after Sharma resigns
19.08Huawei granted another 90-day reprieve under US ban
19.08Disney+ to launch in Netherlands, Canada, Australia, NZ in November
19.08Apple CEO meets with Trump, says tariffs will favour Samsung
19.08US to extend Huawei temporary licence to serve customers for 90 days - report
19.08BT to sell off 100m of European assets, as Jansen streamlines Global Business Services
19.08Nokia and du collaborate on 5G cloudification in the UAE
Telecommunications »
20.08Column: Hedge Funds Sell Oil As Global Economy Slows
20.08Eastern North Pacific Tropical Weather Outlook
20.08Atlantic Tropical Weather Outlook
20.08Why investors are making a loss to keep their money safe
20.08Chicken Connoisseur YouTuber: Knife crime warnings racist
More »