Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.
Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board
Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal. Grouped from 2 articles across 2 sources.
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Netflix founder Reed Hastings to step down from board
Shares fall more than 9% as streamer posts weak profit forecast and chair announces plans to leave in June
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