NewsBite

Netflix provides anaemic growth forecast, shares fall

Lisa Richwine and Akanksha Rana

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Netflix provided a weak forecast for customer growth in the current quarter amid rising competition, the return of movie theatres and a lifting of pandemic restrictions that had kept people at home.

The company’s shares dropped more than 4 per cent in after-hours trading on Tuesday (Wednesday AEST).

Loading...

Reuters

Subscribe to gift this article

Gift 5 articles to anyone you choose each month when you subscribe.

Subscribe now

Already a subscriber?

Read More

Latest In Media & marketing

Fetching latest articles

Most Viewed In Companies

    Original URL: https://www.afr.com/companies/media-and-marketing/netflix-provides-anaemic-growth-forecast-shares-fall-20210721-p58bhs