Netflix shares down 25%: Company report

Subscribe to Newsletter

Netflix shares down 25%: Company report

20.04.2022 20 April 2022
4293
1 min.
13 connections

flickr.com

The company's report and its shares

Netflix (NASDAQ: NFLX) reported worse Q1 2022 results than analysts expected.

Netflix (NASDAQ: NFLX) shares, down 42% since the start of 2022, fell 25% after the close of trading on Tuesday. The company had a high of $351.68 per share in yesterday's trading, with a low of $333.22. Also as for Netflix shares, the stock added +3.18% in yesterday's trading.

movie and TV series streaming service has a market capitalisation of US$154.77.

Report from global streaming video giant Netflix

In its report, the company said Netflix's earnings for Q1st 2022, ended March 31, fell 6.4% to $1.6bn, down from $1.7bn a year earlier. Earnings per share fell 6% to $3.53, but were well above analysts' expectations of $2.89 per share. The company's earnings rose 10% to $7.87 billion, but fell short of analysts' expectations of $7.93 billion.

Also, the company's free cash flow for the quarter was $802m, up from $692m a year earlier.

For the first time in more than a decade, Netflix's total number of new global paid subscribers fell by 200,000, compared with the expected addition of 2.73 million subscribers worldwide.

It is worth noting that on Tuesday Netflix announced a forecast for a loss of 2mln global paid subscribers in the second quarter.

The company is exploring other growth options, such as adding video games, but these will take time to monetise and generate revenue.

Netflix was founded in 1997 and is headquartered in Los Gatos, California.

Directors of the company:

Richard Barton;
Rodolphe Belmer;
Mathias Dopfner;
Timothy Haley;
Reed Hastings;
Jay Hoag;
Leslie Kilgore;
Strive Masiyiwa;
Ann Mather;
Ted Sarandos;
Brad Smith;
Anne Sweeney.

HASTINGS Reed

co-founder, chairman, and co-chief executive officer of Netflix
#2598
BARTON Richard

Chief Executive Officer at Zillow Group
#1283
BELMER Rodolphe

Director at Netflix
#1300
DOPFNER Mathias

Chairman and CEO of Axel Springer SE
#1317
HALEY Timothy

Director at Netflix
#1335
HOAG Jay

Director at Netflix
#1353
KILGORE Leslie

Chief Marketing Officer at Netflix
#1386
MASIYIWA Strive

Chairman and Founder of Econet Group
#1402
MATHER Ann

Director at Netflix
#1419
SARANDOS Ted

co-CEO and Chief Content Officer at Netflix
#1437
SMITH Brad

Director at Netflix
#1456
SWEENEY Anne

Director at Netflix
#1473
Netflix

#4

Tags:

Section: business

<!-- advertisement 10-->
<div class="mobileShow">
<script>
  atOptions = {
    'key' : '33fb986b72fdc254fb0c1e79be22e3ec',
    'format' : 'iframe',
    'height' : 250,
    'width' : 300,
    'params' : {}
  };
</script>
<script src="https://www.highperformanceformat.com/33fb986b72fdc254fb0c1e79be22e3ec/invoke.js"></script>
</div>
<div class="mobileHide">
<script>
  atOptions = {
    'key' : '60966449084d21264769e3d9bdff986a',
    'format' : 'iframe',
    'height' : 90,
    'width' : 728,
    'params' : {}
  };
</script>
<script src="https://www.highperformanceformat.com/60966449084d21264769e3d9bdff986a/invoke.js"></script>
</div>

3 July 2026

culture

Morgan Kohan Reveals How Scott Patterson’s Exit Changed Sullivan’s Crossing

Maggie Faces Sully’s Absence Morgan Kohan is reflecting on how Scott Patterson’s departu...

10 September 2025

culture

Charlie Sheen’s Netflix Documentary: Why Martin Sheen and Emilio Estevez Said No

Family Missing, Truth Told Charlie Sheen’s turbulent life has rarely stayed out of the spotli...

3 September 2025

culture

Drew Barrymore Plans Death Becomes Her Remake With Adam Sandler and Jennifer Aniston

Death Becomes Drew’s Dream Drew Barrymore is ready for a Hollywood return — and she alr...

24 June 2025

culture

‘Emily in Paris’ Creator Darren Star Responds to Lucas Bravo’s Season 5 Return and Character Criticism

Gabriel’s Not Done Yet Lucas Bravo may have been over playing Gabriel, but that’s not s...

12 June 2025

culture

Arnold Schwarzenegger Walks ‘FUBAR’ Red Carpet With His Kids and Son-in-Law Chris Pratt

Schwarzenegger’s Red Carpet Crew Arnold Schwarzenegger turned the FUBAR premiere into a full-...

23 February 2025

culture

Scott Foley and Wife Marika Dominczyk Still Love MTV’s ‘The Challenge’ After 20 Years

Inside Scott Foley’s World Scott Foley, known for Felicity, Scandal, and Whiskey Cavalier, pr...

<!-- advertisement 11-->
<div class="mobileShow">
<script type="text/javascript">
	atOptions = {
		'key' : '33fb986b72fdc254fb0c1e79be22e3ec',
		'format' : 'iframe',
		'height' : 250,
		'width' : 300,
		'params' : {}
	};
</script>
<script type="text/javascript" src="//www.highperformanceformat.com/33fb986b72fdc254fb0c1e79be22e3ec/invoke.js"></script>
</div>
<div class="mobileHide">
<script type="text/javascript">
	atOptions = {
		'key' : '60966449084d21264769e3d9bdff986a',
		'format' : 'iframe',
		'height' : 90,
		'width' : 728,
		'params' : {}
	};
</script>
<script type="text/javascript" src="//www.highperformanceformat.com/60966449084d21264769e3d9bdff986a/invoke.js"></script>
</div>

22 July 2026

culture

Jennifer Garner Says Paparazzi Knocked Over Children While Chasing Photos of Her and Ben Affleck’s Kids

Kids Trapped in Paparazzi Scramble Jennifer Garner says photographers once created dangerous scenes ...

21 July 2026

culture

Aaron Rodgers Reunites With Estranged Family, but Jordan Rodgers Is Missing

Aaron Rodgers Reunites With Family After Years of Estrangement Aaron Rodgers has reunited with sever...

20 July 2026

culture

Why Craig Melvin Was Absent From ‘Today’ After Studio Intruder Incident

Craig Melvin Misses ‘Today’ After Studio 1A Security Incident Craig Melvin was absent fr...

16 July 2026

culture

Joe Mantegna Addresses Felicity Huffman’s ‘Criminal Minds’ Return

Huffman’s Return Still Possible Felicity Huffman’s Criminal Minds: Evolution storyline m...

15 July 2026

culture

Timothée Chalamet Meets Dallas Cowboys Cheerleaders at 2026 World Cup

Timothée’s Cheerleader Surprise Timothée Chalamet experienced an unusual role re...

14 July 2026

culture

Savannah Guthrie Returns to ‘Today’ After Four-Day Absence

Back at the Today Desk Savannah Guthrie returned to NBC’s Today on Tuesday, July 14, ending a ...

<!-- advertisement 12-->
<div class="mobileShow">
<script type="text/javascript">
	atOptions = {
		'key' : '33fb986b72fdc254fb0c1e79be22e3ec',
		'format' : 'iframe',
		'height' : 250,
		'width' : 300,
		'params' : {}
	};
</script>
<script type="text/javascript" src="//www.highperformanceformat.com/33fb986b72fdc254fb0c1e79be22e3ec/invoke.js"></script>
</div>
<div class="mobileHide">
<script type="text/javascript">
	atOptions = {
		'key' : '60966449084d21264769e3d9bdff986a',
		'format' : 'iframe',
		'height' : 90,
		'width' : 728,
		'params' : {}
	};
</script>
<script type="text/javascript" src="//www.highperformanceformat.com/60966449084d21264769e3d9bdff986a/invoke.js"></script>
</div>

Major League Baseball (MLB) 70 Persons

National Football League (NFL) 47 Persons

National Basketball Association (NBA) 40 Persons

Ultimate Fighting Championship (UFC) 24 Persons

Morgan Stanley 20 Persons

Apple 19 Persons

United States House of Representatives 17 Persons

White House 17 Persons

Merck 15 Persons

Foot Locker 14 Persons

GARNER Jennifer

If I went through a yellow light, 15 cars would go through the red [light] behind me. They would drive up onto people’s lawns, even on a hillside

RODGERS Jordan

Me and Aaron don’t really have that much of a relationship

MELVIN Craig

So glad that Savannah’s back in Studio 1A

SPRAYBERRY Dylan

I am a Scientologist. I’ve been a Scientologist for three years now. It’s been an epic experience for me

MCGREGOR Conor

I will overcome this. I will not be deterred

Justice Department Triples Claims Processed Under Public Safety Officers’ Benefits Program

15 July

CDC Outbreak Update: Infant Botulism Linked to Powdered Infant Formula

14 June

GOMEZ Selena

American singer
COOK Andrea

Canadian actress
SPADE David

American stand-up comedian
FEINBERG Andrew

American journalist
MICHAELS Shawn

American retired professional wrestler

Brain Day 22 July

Every July 22, people around the world celebrate World Brain Day, a pivotal event that highlights the growing significance of brain health in today&rs ...

Netflix shares down 25%: Company report

The company's report and its shares

Report from global streaming video giant Netflix

Persons12 and Companies1 in the news

Related news

Last news

NEW YORK NEWS

Brain Day 22 July

Persons¹² and Companies¹ in the news