Netflix shares were down 10% in premarket trading Friday after the streaming giant reported a slight beat in first-quarter 2026 revenue but forecast lighter-than-expected Q2 sales and operating income. For Q2, Netflix forecast revenue growth of 13% and operating margin of 32.6% (compared with 34.1% in the year-ago quarter); it said operating income will be […]
Wall Street Remains Mostly Bullish on Netflix Stock Despite Softer Q2 Forecast
Netflix shares were down 10% in premarket trading Friday after the streaming giant reported a slight beat in first-quarter 2026 revenue but forecast lighter-than-expected Q2 sales and operating income. For Q2, Netflix forecast revenue growth of 13% and operating margin…
This article was originally published by
Variety
and is republished here under license.
Leave a Reply