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Netflix earnings forecast disappoints Wall Street, shares tumble

Netflix projected third-quarter revenue and earnings below Wall Street expectations. The company will now release viewing-hours reports annually instead of semi-annually. Netflix is focusing on advertising, live events, and video games for future growth. Its stock experienced a significant decline after the financial forecast was announced. Engagement metrics remain healthy, and the company is exploring new technological advancements.

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Economic TimesLean R·2h ago
Netflix earnings forecast disappoints Wall Street, shares tumble
Netflix projected third-quarter revenue and earnings below Wall Street expectations. The company will now release viewing-hours reports annually instead of semi-annually. Netflix is focusing on advertising, live events, and video games for future growth. Its stock experienced a significant decline after the financial forecast was announced. Engagement metrics remain healthy, and the company is exploring new technological advancements.
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Netflix earnings forecast disappoints Wall Street, shares tumble

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Netflix earnings forecast disappoints Wall Street, shares tumble

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