Netflix Q1 Results Beat Estimates, But Shares Fall on Slower Growth Outlook
Netflix reported strong Q1 results, beating both earnings per share and revenue estimates, but shares fell due to concerns over slowing growth. The company's Q2 guidance indicates slower revenue and margin growth, though it maintains a strong balance sheet and active share buybacks. The stock is currently trading at a forward P/E of 27.2x, below its 5-year average.
Tickers: $NFLX
Topics: Dividend Investing Earnings Guidance Revenue Stock Price Movement