Tuesday, July 19, 2022

https://ift.tt/tw5jakA loses nearly 1 million subscribers. That's the good news

Netflix reports that it lost nearly 1 million subscribers in the second quarter of 2022, but that was better than the 2 million it had forecast.

The streaming service had forecast that it would lose 2 million subscribers. The less severe loss, combined with a projection of growth in July to September, helped lift Netflix's battered stock.

(Image credit: Marcio Jose Sanchez/AP)

Netflix loses nearly 1 million subscribers. That's the good newsNetflix reports that it lost nearly 1 million subscribers in the second quarter of 2022, but that was better than the 2 million it had forecast.

The streaming service had forecast that it would lose 2 million subscribers. The less severe loss, combined with a projection of growth in July to September, helped lift Netflix's battered stock.

(Image credit: Marcio Jose Sanchez/AP)



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