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Netflix forecast misses Wall Street view, shares dip

Updated : January 18, 2019 06:47 AM IST

The company released its massively popular dystopian movie "Bird Box" late in the fourth quarter, which helped attract a record 8.8 million new paid streaming customers in the period.
Netflix reported revenue of $4.19 billion for the quarter that ended in December, slightly below the $4.21 billion that Wall Street analysts had forecast, according to IBES data from Refinitiv.
Netflix said its programming was so popular it now accounts for about 10 percent of television screen time in the United States. Total paid streaming subscribers reached 139 million worldwide.
Netflix forecast misses Wall Street view, shares dip
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