What’s Going On Here? Netflix reported better-than-expected fourth-quarter results. What Does This Mean? The streaming giant’s quarterly revenue was 31% higher, and a little more than investors expected – and its profit beat forecasts too. That was partly thanks to the added 8.8 million subscribers – a big jump from the promised 7.6 million. Netflix only…
Tag: profit
Ep 8: Uber Calls Shotgun
What’s Going On Here?Uber’s stock lifted after its reported better-than-expected first quarterly results as a public company. What Does This Mean?Uber’s $3 billion revenue for the first quarter of 2019 and $1 billion loss both turned out slightly better than predicted. Uber’s costs are still surging thanks to its expansion into several new and competitive…
with HT 