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Benzinga
Benzinga
Business
Shanthi Rexaline

Password Sharing Woes, Ads, 'ARM,' Price Hikes And More: Key Takeaways From Netflix's Q1 Earnings Call

Netflix Inc (NASDAQ: NFLX) stock lost more than a fourth of its market capitalization in extended trading on Tuesday after the streaming giant's quarterly results failed to impress investors.

Russia Exit Hit:  Netflix's decision to stop streaming in Russia led to subscriber loss and had spillover effect too in parts of the EMEA region, Co-CEO Reed Hastings  said on the call.

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