Netflix shares drop despite surpassing subscriber…
Netflix narrowly exceeded Wall Street’s income estimates for its vacation quarter, as viewers tuned in for the ultimate season of the hit sci-fi collection “Stranger Things,” sending its shares down 4% in after-hours trading.
The company forecast annual income for 2026 modestly forward of analyst expectations, even as Netflix surpassed 325 million subscribers globally.
Revenue got here in at $12.1 billion for October through December – topping forecasts of $11.97 billion for the quarter, according to analysts surveyed by LSEG.
Netflix narrowly exceeded Wall Street’s…
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