World Cup loser? Netflix misses the target
Netflix added 5.2 million users in the second quarter, about a million fewer than the company predicted. Its outlook for the current quarter also reflected a deceleration
Netflix added 5.2 million users in the second quarter, about a million fewer than the company predicted.
Its outlook for the current quarter also reflected a deceleration. The world’s largest paid online TV network expects to add 5 million customers, a slower pace than a year earlier.
Shares fell as much as 13 per cent to $347 in extended trading, having more than doubled this year.
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year