Netflix Misses Its Subscriber Forecast

Date : 01/21/2020 @ 9:44PM
Source : Dow Jones News
Stock : Netflix Inc (NFLX)
Quote : 380.07  -5.93 (-1.54%) @ 1:00AM
After Hours
Last Trade
Last $ 380.65 ▲ 0.58 (0.15%)

Netflix Misses Its Subscriber Forecast

Historical Stock Chart

2 Months : From Dec 2019 to Feb 2020

Click Here for more Netflix Charts.
By Micah Maidenberg and Joe Flint 

Netflix Inc. missed its forecast for subscriber growth in the U.S., a performance that comes as the streaming giant faces heightened competition from a gaggle of rivals.

Netflix said Tuesday that it added 423,000 domestic subscribers in the fourth quarter compared with the third quarter. In October, the company based in Los Gatos, Calif., had forecast an increase of 600,000 subscribers in the U.S. for the latest period.

But the company also reported an increase of 8.3 million subscribers in markets overseas, more than the seven million the company was expecting.

Shares of Netflix were down in after-hours trading Tuesday.

Netflix's weaker-than-expected domestic growth comes as it faces rising pressure from rivals that have launched competing services and are chasing creative talent in Hollywood.

Write to Micah Maidenberg at and Joe Flint at


(END) Dow Jones Newswires

January 21, 2020 16:29 ET (21:29 GMT)

Copyright (c) 2020 Dow Jones & Company, Inc.

Latest NFLX Messages

{{bbMessage.M_Alias}} {{bbMessage.MSG_Date}} {{bbMessage.HowLongAgo}} {{bbMessage.MSG_ID}} {{bbMessage.MSG_Subject}}

Loading Messages....

No posts yet, be the first! No {{symbol}} Message Board. Create One! See More Posts on {{symbol}} Message Board See More Message Board Posts

Your Recent History
Gulf Keyst..
FTSE 100
UK Sterlin..
Stocks you've viewed will appear in this box, letting you easily return to quotes you've seen previously.

Register now to create your own custom streaming stock watchlist.

NYSE, AMEX, and ASX quotes are delayed by at least 20 minutes.
All other quotes are delayed by at least 15 minutes unless otherwise stated.