{"id":1003451,"date":"2026-04-17T09:18:13","date_gmt":"2026-04-17T03:48:13","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1003451"},"modified":"2026-04-17T09:20:10","modified_gmt":"2026-04-17T03:50:10","slug":"netflix-shares-dive-as-revenue-barely-beats-expectations","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/04\/17\/netflix-shares-dive-as-revenue-barely-beats-expectations\/","title":{"rendered":"Netflix shares dive as revenue barely beats expectations"},"content":{"rendered":"<p>San Francisco: Netflix shares plummeted more than 8% on Thursday as the TV streaming titan reported quarterly revenue of $12.25 billion, which slightly topped expectations. <\/p>\n<p>An earnings letter to investors came with word that co-founder Reed Hastings will step away from the company when his term as chairman of the board of directors ends in June. <\/p>\n<p>&#8220;Netflix changed my life in so many ways,&#8221; Hastings wrote in the letter.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>San Francisco: Netflix shares plummeted more than 8% on Thursday as the TV streaming titan reported quarterly revenue of $12.25 billion, which slightly topped expectations. An earnings letter to investors came with word that co-founder Reed Hastings will step away from the company when his term as chairman of the board of directors ends in June. &#8220;Netflix changed my life in so many ways,&#8221; Hastings wrote in the letter.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,4,10],"tags":[],"class_list":["post-1003451","post","type-post","status-publish","format-standard","hentry","category-broadcasting-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003451","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1003451"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1003451\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1003451"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1003451"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1003451"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}