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Will Netflix Report Quarterly Loss for First Time in 7 Years?

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  • Description

    FBN’s Shibani Joshi previews earnings from the video rental service.

  • Duration 2:03
  • Date

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We'll -- thanks Sandra OK all right let's dig into that Netflix report a little bit more in terms of the story behind all the headlines with the earnings coming out this could be.

Sandra limits its first quarterly loss in seven years trying to judge she has a preview for us -- -- Hi guys dad's been selling a bumpy road for Netflix shareholder -- and customers over the last year.

Take a look at the company's stock price and the last 52 week -- things as it really tells -- entire story.

The company's shares were as high here's a year to date which is doing much better at 50% a year added the last year 52 weeks really does tell the full story touching highs of 304 dollars in July.

Falling to 62 dollars in November and now you can see that they have managed to regain some -- Are right around a 102.

Dollar mark next -- for investors here the numbers that we're going to be looking for today.

After the close we're looking for the company to her post its first quarterly loss.

In seven years at 27 cents.

Also revenues growing at 21 from percent to 869.

Million dollars.

The reason the company is experiencing its first loss day in -- O'Connell because of its rapid expansion plans into places like Latin America.

Canon that and Great Britain that costs you out build out streaming in this streaming services -- abroad is causing this.

This a lot since both -- risk and an opportunity.

And so investors will be listening to the call to hear what else trance.

-- and we'll see if that it's about it whether the stock gets a pop and you'll see with that -- -- -- I guess a lot of its subscriber growth right absolutely -- number one thing that day investors in anyone out there paying attention and Netflix earnings is that I care about we're seeing estimates.

Overall the -- should be somewhere between 22 point eight in 23 point six million.

Our Reed Hastings call subscriber growth his virtuous cycle of meeting actually get more subscribers we get more contact and as we get our contact.

We get more subscribers that's -- this CEO says and that's obviously as an investor what you have to pay attention to US while subscriber growth is key here aren't -- -- Shibani.

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