Netflix stock sinks after streamer reiterates guidance, says Reed Hastings to exit board

What Happened

Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.

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Background Context

Netflix beat expectations for Q1 revenue and reported a big jump in earnings per share thanks in part to a termination fee related to its proposed WBD deal.

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Source: US Top News and AnalysisOriginal Link

Source: US Top News and Analysis

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