Netflix reports earnings after the bell. Here's what to expect

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 36%
  • Publisher: 72%

Breaking News: Earnings News

Breaking News: Business,Media,Earnings

Streaming giant Netflix reports earnings after the bell, and Wall Street is keen to hear more about its ad-supported tier.

Analysts polled by LSEG expect EPS of $4.74 and revenue of $9.53 billion.reports its second-quarter earnings after the bell on Thursday, and Wall Street will be paying close attention to any details or progress the streamer will provide about its advertising-supported business model.

When Netflix made its pitch to advertisers during its Upfront presentation in May, the company said its ad-supported tier hadNetflix warned investors it would stop providing quarterly membership numbers or average revenue per user beginning next year, noting the company is "focused on revenue and operating margin as our primary financial metrics -- and engagement as our best proxy for customer satisfaction.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines