Netflix Q1 Revenue And Earnings Beat Street Expectations, But Shares Still Plunge

Netflix topped Wall Street expectations for earnings and revenue in the first quarter, but the streaming giant’s shares still took a dive in after-hours trading Thursday. Revenue rose 16% from the year-ago period to hit $12.25 billion, while diluted earnings per share came in at $1.23, nearly double a year ago. Wall Street analysts’ consensus […]