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Netflix Stock Tumbles 9% on Weaker Than Expected Earnings Forecast
April 17, 2026
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Posted 1 hour ago by
Netflix shares tumbled 9 on Friday after a weaker-than-expected forecast during its first quarter earnings. The streamer’s Q1 profit grew 82 to 5.23 billion, or 1.23 per share — helped by a 2.8 billion break-up fee from abandoning its Warner Bros. deal — as revenue climbed 16 to 12.3 billion, driven by higher pricing, ad revenue and []
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Coverage and analysis from Armenia. All insights are generated by our AI narrative analysis engine.
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