3 Silver Linings Behind Netflix's Domestic Subscriber Miss
Investors weren't impressed with Netflix (NASDAQ: NFLX) following the announcement of its fourth-quarter results, sending the shares nearly 4% lower on Wednesday. The biggest sticking point was that the leading premium streaming video service only closed out the quarter with just 420,000 more paying streaming accounts in the U.S. than it did when the period began. It was targeting net streaming additions of 600,000 members stateside three months ago.
A miss is a miss, but there's more to that number than meets the eye. Let's look at some of the silver linings behind Netflix's performance through the last three months of 2019.
Image source: Netflix.
Source Fool.com