Netflix Q3 earnings preview analysis: areas to watch, growth outlook - Business Insider

All eyes are on Netflix this week as the company prepares to report earnings for the third quarter on Wednesday.

Last quarter, the streaming giant badly missed expectations for subscriber growth and lost members in the US for the first time in eight years. Theon the big let down and has yet to recover. Shares were down about 20% on Monday, from three months earlier on Monday, closing at $285.53. Netflix said it plans to add 7 million paid subscribers for the third quarter to reach a total of nearly 159 million worldwide. That would be record growth for the third quarter, if Netflix actually hits its target.

Netflix boosted its output of original programming last quarter. It blamed the prior quarter's miss, in part, on a content slate that didn't deliver. During the third quarter, it released new seasons of popular shows like "Stranger Things," "Sacred Games," "Glow," "Orange Is the New Black," and "Mindhunter," as well as movies like "American Factory," the first Netflix documentary produced by Barack and Michelle Obama.

people in the US spend a vast amount of time streaming. Those two shows will be moving to rival streaming services after their current Netflix deals expire. In the past, Netflix has taken a rather laid back approach to new rivals, arguing that "competition makes you better" and that it is already battling for attention against everything from sleep to Fortnite that a little more won't hurt.

SAI I think that netflix lost some subscribe, But no so much beacuse, costs of disney+ very cheap

Payton Hobart!

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Apple is looking to become a studio - Business Insider - Business InsiderApple made two announcements that suggest it's seeking studio status, including a five-year content TV production deal with Alfonso Cuarón. For the time being apples cash rich advantage is offset by its reluctance to produce anything anyone wants to watch
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

John Oliver mocked WarnerMedia's upcoming Netflix competitor, HBO Max, on his HBO show - Business Insider'Last Week Tonight' host John Oliver jokingly promoted WarnerMedia's upcoming streaming service, HBO Max, and said 'it's not HBO, it's just TV.' Oooohhhh ... so edgy! 🙄
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Netflix culture deck: Experts pick top most impactful slides - Business InsiderNetflix's culture deck, released in 2009, sparked debate over policies like unlimited vacation and the company's obsession with high performance.
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

RJ Watches CEO Marco Tedeschi credits his success to passion and luck - Business InsiderThe millennial CEO at the head of one of the most controversial luxury watch brands in the world credits his success to two key factors: passion and luck
مصدر: BusinessInsider - 🏆 729. / 51 اقرأ أكثر »

Three before you leave — What to watch for Tuesday including the start of earnings seasonOn Tuesday we'll get the start of third-quarter earnings season, bank earnings and a gauge of manufacturing acitivty in the New York area.
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »

What to watch today: Stocks set for gains, earnings deluge and fourth Democratic debateU.S. stocks appear set for gains at the open, but a handful of key bank earnings could change, or boost, that outlook between now and the opening bell. MAGA
مصدر: CNBC - 🏆 12. / 72 اقرأ أكثر »