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Netflix s subscriber growth, stock zapped as pandemic eases

Netflix s subscriber growth, stock zapped as pandemic eases
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Netflix, Inc (NASDAQ:NFLX), Apple Inc (NASDAQ:AAPL) - Netflix Earnings: Analysts Eyeing The Subscriber Base Growth And Possible Pull-Forward

Share: Numbers, numbers, numbers. Netflix Inc’s (NASDAQ: NFLX) subscriber base, which blew past 200 million in blockbuster fashion last year (as we whiled away the lockdown hours in front of the TV) is once again expected to be front-and-center of the streaming giant’s quarterly report. When the Q1 numbers are released April 20, analysts are looking for another wave of strong subscriber gains, even though the NFLX C-suite keeps trying to temper expectations. NFLX forecast 6 million new subscribers as the quarter was unfolding, down from the 8.5 million it logged in the Q4 2020, but Wall Street seems to be bracing for a stronger showing. Although NFLX typically tries to keep its expectations close to real rather than taking a conservative approach the official numbers could have quite an impact, for better or worse.

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