Netflix is set to report earnings – here's what Wall Street expects

  • 📰 NBCLA
  • ⏱ Reading Time:
  • 37 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 18%
  • Publisher: 59%

Brasil Notícia Notícia

Brasil Últimas Notícias,Brasil Manchetes

Netflix’s main focus recently has been on juicing profits, not necessarily its subscriber count.

The streaming company is still navigating its transformation from focusing on subscriber growth to focusing on profit, using price hikes, password crackdowns and ad-supported tiers to boost revenue.

Further complicating matters are production delays resulting from a nearly 150-day writers strike that wrapped up in September and an ongoing actors strike that threatens to prevent and postpone production through the new year.Investors will be looking to hear from the company's executives about how Netflix will grapple with these headwinds and for a status report on its ad tier.

Additionally, they have signaled that operating margins will grow more gradually going forward as it invests in more growth opportunities. It's been less than six months since Netflix instituted its password crackdown, so it's unclear what impact that initiative has had for the company and how much executives will share.

 

Obrigado pelo seu comentário. Seu comentário será publicado após ser revisado.
Resumimos esta notícia para que você possa lê-la rapidamente. Se você se interessou pela notícia, pode ler o texto completo aqui. Consulte Mais informação:

 /  🏆 319. in BR

Brasil Últimas Notícias, Brasil Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

Netflix is set to report earnings – here's what Wall Street expectsNetflix's main focus recently has been on juicing profits, not necessarily its subscriber count.
Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »

Morgan Stanley Profit Tops Wall Street Expectations Amid 'Mixed' Market EnvironmentThird-quarter profit at the investment bank slides 8% to $2.4 billion.
Fonte: MarketWatch - 🏆 3. / 97 Consulte Mais informação »