Netflix Delivers Another Smackdown

05:30am, Wednesday, 24'th Jan 2024
The streaming leader cemented its position with a strong boost in subscribers while the advertising contribution remains small.
Futures showed the S&P 500 on course for another record as a batch of well-received earnings, calmer bond markets and a monetary boost in China lifted risk appetite.
Netflix saw a surge in new subscribers at the end of last year, attributed in part to the streaming giant bringing in a ban on password sharing.
Netflix Inc (NASDAQ:NFLX) shares are heading for a near-9% gain on Wednesday after the video streamer's fourth-quarter growth in subscribers and revenues exceeded expectations, with a bullish outlook

Breaking Down Netflix's Q4 Earnings Beat

11:49pm, Tuesday, 23'rd Jan 2024
Synovus Trust Senior Portfolio Manager Daniel Morgan reacts to Netflix's fourth-quarter earnings report. Netflix signed up 13.1 million customers in the final three months of 2023, exceeding Wall Stre
Fourth-quarter 2023 revenue grew 12.5% year over year, beating the 11% growth Wall Street had projected, but earnings fell modestly short of the analyst consensus estimate. First-quarter 2024 earnings
Richard Greenfield, LightShed Ventures, joins CNBC's "Fast Money" to discuss Netflix earnings and its big deal with WWE for live wrestling programming.
Netflix Inc.'s growing advertising business is proving that the streaming company's bet that its customers would tolerate commercials in exchange for a cheaper price is paying off, and Wall Street sho
Netflix, Inc. (NFLX) Q4 2023 Earnings Call Transcript
Although the revenue and EPS for Netflix (NFLX) give a sense of how its business performed in the quarter ended December 2023, it might be worth considering how some key metrics compare with Wall Stre
NFLX's net subscriber adds blew the doors off expectations: 13 million versus 8.9 million estimated.
Currently priced at $12 a month, the subscription option will disappear.

Netflix (NFLX) Q4 Earnings Lag Estimates

06:11pm, Tuesday, 23'rd Jan 2024
Netflix (NFLX) came out with quarterly earnings of $2.11 per share, missing the Zacks Consensus Estimate of $2.20 per share. This compares to earnings of $0.12 per share a year ago.
Netflix said in its earnings report Tuesday that it has no interest in acquiring linear assets and that further mergers and acquisitions in the entertainment industry won't “materially” change the
Netflix (NFLX) has announced a landmark 10-year deal with the TKO Group (TKO) — the parent company of UFC and the WWE — to add WWE's "Raw" to its live sports streaming ventures starting in 2025. #
Click to get the best stock tips daily for free!

Top Fintech Company

StockInvest.us featured in The Global Fintech Index 2020 as the top Fintech company of the country.

Full report by FINDEXABLE