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Netflix went into a red alert with an unexpected decline in his stocks.
Netflix, which has never been on the agenda with its popular original productions such as The Crown, Stranger Things and Narcos, speaks of itself with the budget of productions at success. By the end of 2018, it is expected that the original platform will have 1000 original builds only the budget for this year's content $ 8 billion . It is obvious that the platform does not avoid the masculine for an improved user experience. However, user comments were not exactly as expected. The second quarter results of the company were released Monday. It is hard to say that investors are happy with these results.
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The online broadcast service misses the estimated number of subscribers at the end of the second quarter with 1 million subscribers. So the estimates are not even approximate. On the corporate side, subscriber expectations are not calculated "wrong" for the first time. In the 10 quarters we spent, the company was mistaken for their expectations three times. In the United States, the firm said that it included 670,000 subscribers. The company forecasts reached 1.2 million subscribers. Almost half a miss. Overall, the number of subscribers is 500,000 lower than the estimated number of subscribers. Following the announced results, the shares of the brand fell by 14%.
According to the overall assessment, a profit of $ 384.5 million was announced for the second quarter. In the last year, this profit was $ 65.6 million. While this may seem like an impressive rise, it seems that scared investors, who live in the under-number of goals, are scared. Analysts interpret this as a "slowdown" in the growth of the company.
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