Dossier
revenue forecast
Coverage of revenue forecast in the Nexus archive.
- Netflix posts higher Q2 results but shares drop due to lukewarm forecast
Netflix reported higher second-quarter profits driven by new membership signups and price increases, but its shares fell sharply in after-hours trading due to a revenue forecast below analyst expectations. The company's revenue grew 13% to $12.56 billion, and it withdrew its offer to acquire Warner Bros. Discovery's studio and streaming business in February.
- Broadcom loses more than $300bn in market value as revenue forecast disappoints
Broadcom lost over $300 billion in market value following a disappointing revenue forecast, leading to a 15% drop in shares during after-hours trading.