Netflix shares plunge after company reports subscriber losses
Officials at Netflix said the company ended with 200,000 fewer subscribers at the end of its most-recent quarter.
Netflix ($NFLX) is an international, subscription-based television and movie service based in Los Gatos, California. The company operates a global streaming service with thousands of TV shows and movies, including some originals, as well as a direct-to-home DVD rental service. As of January 2023, the company had over 231 million subscribers worldwide.
Officials at Netflix said the company ended with 200,000 fewer subscribers at the end of its most-recent quarter.
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