Netflix

[Bruce]

For all of those predicting the end of Netflix since they had a slight loss in Q1 & 2, another gain, this time +7.66 Million

-200,000 in Q1 2022
-970,000 in Q2 2022
+2.4 Million in Q3 2022
+7.66 Million in Q4 2022

so a gain of 8.89 Million for 2022.

Pretty good for a company about to go out of business as some has said.

Netflix blows away expectations on subscriber numbers

Netflix reported earnings after the bell. Here are the results.

www.cnbc.com

 

[Jimbo]

For all of those predicting the end of Netflix since they had a slight loss in Q1 & 2, another gain, this time +7.66 Million

-200,000 in Q1 2022
-970,000 in Q2 2022
+2.4 Million in Q3 2022
+7.66 Million in Q4 2022

so a gain of 8.89 Million for 2022.

Pretty good for a company about to go out of business as some has said.

Netflix blows away expectations on subscriber numbers

Netflix reported earnings after the bell. Here are the results.

www.cnbc.com

See what happens when you have a few great shows come out.

 

[Juan]

Well
Not everything is peaches and cream in Netflix land

Revenue in Q4 reached $7.85 billion, reflecting 1.9% growth year over year. It compares to 16% year over year revenue growth Netflix recorded in the same period a year ago, and marks the fourth quarter in a row where revenue growth slowed. Operating income was $550 million (down year over year but above Netflix guidance) and net income was $55 million.

https://www.fiercevideo.com/video/netflix-adds-76m-global-subscribers-q4

 

[ncted]

Yeah, they need to get their advertising model working better to monetize those new subs better. But still, not a dying company by any means, and they are doing way better than most of their peers.