Netflix Inc. (NFLX) delivered first quarter global net subscriber additions of almost 15.8 million. A mind-blowing number of new subscribers for the company, considering Netflix had guided for 7 million subscribers when it reported results in January. The company saw a clear one-time benefit from the impacts of the coronavirus, with many countries issuing shelter-in-place guidance. Despite the big beat, the share may be heading lower. The massive subscriber growth in the first quarter may have come at the expense of future quarters. The company described it best in the shareholder letter, noting that some of the first quarter growth was probably pulled forward due to the lock-down effects of the coronavirus. As obvious as that may sound, it also means subscriber growth is likely to be weaker in the second half of the year. The stock appears to be reacting to that weaker outlook, trading unchanged in the after-hours on April 21, despite the big net addition beat. Interestingly, the ...