Categories: Tech & Auto

Netflix issues weak fourth-quarter forecast as company seeks to kick-start growth

By Lisa Richwine LOS ANGELES, Oct 20 (Reuters) – Netflix issued a weaker-than-expected forecast for fourth-quarter profit on Tuesday, days after the streaming pioneer laid off 6% of its workforce and

(The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)

Indianews Syndication

Share
Published by
Indianews Syndication

Recent Posts

Netflix issues weak fourth-quarter forecast, shares drop

By Lisa Richwine LOS ANGELES, Oct 20 (Reuters) - Netflix issued a weaker-than-expected forecast for…

1 second ago

NETFLIX EXEC: WE EXPECT TO DELIVER STRONG REVENUE GROWTH INTO 2027

NETFLIX EXEC: WE EXPECT TO DELIVER STRONG REVENUE GROWTH INTO 2027 (The article has been…

1 minute ago

TRADING DAY-Oil reversal lifts spirits

By Jamie McGeever ORLANDO, Florida, Oct 20 (Reuters) - US stocks rose on Tuesday, shrugging…

5 minutes ago

SpaceX quarterly revenue jumps, beats estimates as AI business surges

By Akash Sriram Oct 20 (Reuters) - Elon Musk's SpaceX posted a third-quarter profit on…

9 minutes ago

At least 17 data center campuses proposed on US public lands, group says

Oct 20 (Reuters) - At least 35 data center-related applications covering more than 24,000 acres…

10 minutes ago

Netflix issues weak fourth-quarter forecast, shares drop

By Lisa Richwine LOS ANGELES, Oct 20 (Reuters) - Netflix issued a weaker-than-expected forecast for…

12 minutes ago