Bloomberg Television
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Netflix Earnings Forecast Misses, Reed Hastings Steps Down
Posted
April 16, 2026
Views
4,239
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39
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April 16, 2026
4,239
39
0.92%
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6:46
2:50
1:39Now PlayingNetflix gave a forecast for the second quarter that fell short of analysts expectations, sending the shares down in extended trading.
The streaming pioneer also announced that chairman and cofounder Reed Hastings is stepping down from the board after 29 years to pursue philanthropy and personal interests
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