Netflix set to report fourth-quarter earnings after the bell

  • 📰 CNBC
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Despite production delays prompted by global shutdowns, Netflix still announced a huge slate of programming for 2021.

Reed Hastings and Ted Sarandos attend the "Marseille" Netflix TV Serie World Premiere At Palais Du Pharo In Marseille, on May 4, 2016 in Marseille, France.is set to report earnings for the fourth quarter of 2020 after the bell on Tuesday.$1.39 expected, according to Refinitiv survey of analysts6.47 million expected, according to StreetAccount

Executives continued to guide subscriber additions below that of previous quarters in its last report, citing the uncertainty created by the pandemic. But they said last quarter growth should return to pre-Covid levels as the world recovers.Netflix has been free-cash-flow positive for three straight quarters but said it expects to be slightly negative in the fourth quarter with production restarting in many regions.

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 SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines