Netflix Inc. (NFLX)
Netflix beats estimates with 8 million new subscribers
Netflix said on Thursday it added more than 8 million subscribers in its second quarter as the streaming service benefited from a password-sharing crackdown and such titles as "Bridgerton," "Baby Reindeer" and "The Roast of Tom Brady."
Netflix Boosts Revenue Forecast After Strong Second Quarter
Netflix NFLX -0.68%decrease; red down pointing triangle continued to add new customers in the second quarter and raised the low end of its forecast for full-year revenue growth, a sign of its continued strength as legacy entertainment companies grapple with cable's demise.
Netflix beats estimates as ad-supported memberships rise 34%
Advertising has become an increasingly important business model for media companies to boost — or in some cases, achieve — profitability for streaming. Netflix's stock has been uplifted in recent quarters by its push to gain subscribers on its cheaper, ad-supported tier, in addition to its crackdown on password sharing.
What You Need To Know Ahead of Netflix's Earnings Report
UPDATE—July 18, 2024: This article has been updated to reflect more recent share price information.
Earnings Preview: What To Expect From Netflix
Netflix is scheduled to report earnings after Thursday's close. The stock hit a record high of $700.99/share in 2021 and is currently trading near $650.
Wall Street Gearing Up For Tech-Led Rebound Ahead Of Netflix Earnings: Economist Expects Soft Landing But Says Brace For Bigger Fed Rate Cuts If This Happens
Beaten-down stocks could make a comeback on Thursday, with Taiwan Semiconductor Manufacturing Company Ltd.'s TSM strong quarterly report lifting sentiment toward tech stocks.
Netflix May Be in Trouble
24/7 Insights The slowing subscriber count at Netflix Inc.
Morning Bid: TSMC steadies the chips, ECB and Netflix eyed
A look at the day ahead in U.S. and global markets from Mike Dolan
3 Best Earnings Growth Stocks to Invest in: NFLX, JPM, DY
Invest in stocks such as Netflix (NFLX), JPMorgan Chase (JPM) and Dycom Industries (DY) for solid earnings growth.
Netflix shifts focus to growing ad tier
Netflix likely added the fewest number of subscribers in five quarters during April-June as sharp gains following a crackdown on password sharing ebbed and viewer attention moved to summer sporting events including the Euro soccer tournament.
Netflix "Chills" Ahead of Earnings: Time to Buy the Streaming Giant?
Analysts are expecting Q2 EPS to jump 42.9% relative to the year-ago period.
Netflix Earnings Preview: Still Innovating, Want To Own More, Waiting On A Pullback
Netflix is scheduled to report their Q2 '24 financial results after the bell on Thursday, July 18 '24. The Street consensus is expecting revenue of $9.53 billion for expected 16% y-o-y growth and EPS of $4.72 for expected 43% y-o-y growth. Netflix's story the last few quarters has been subscriber growth has come in much better than expected, even though management has said they are going to stop reporting subscriber and ARPU metrics.
