Netflix to Release Q1 Financial Results April 19

Netflix scheduled the release of its first-quarter results for April 19, after the markets close at 4 p.m. EDT, said the company Tuesday. It's forecasting Q1 global streaming paid net additions of 2.5 million, which would be down nearly 70% sequentially from Q4 and 37% fewer than in Q1 2021. Analysts said Netflix lost about $50 billion of its market value in the 24 hours after its Jan. 20 earnings announcement in which it said it finished Q4 falling nearly 3% short of its projected global net additions (see 2201210003).