Netflix Revenue Climbs 16% to $12.3 Billion, Boosted by Ads Business, Pricing Changes

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Reed Hastings will step down from Netflix’s board in June Wall Street was expecting earnings of $1.34 per share on revenue of $12.17 billion, per analyst estimates compiled by Yahoo Finance Shares of the streamer fell over 9% in after-hours trading on Thursday Netflix is shrugging off concerns...