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Broadcasting & Cable
Broadcasting & Cable
Business
Daniel Frankel

Tough Crowd: Nearly 6 Million Q2 Subscription Adds Not Enough For Unhappy Netflix Investors, Stock Craters

Show Biz Bugs

Netflix stopped issuing forward-looking guidance on subscriber growth last year. But  the streaming giant just may have been guilty of mismanaging investor expectations for Q2 member adds, which ended up coming in at an impressive 5.89 million. 

The subscriber performance was Netflix’s best in six quarters, but it was not impressive enough for investors.

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