Netflix Stock Price Forecast Ahead of Earnings
The Netflix (NFLX) stock price has been in a major sell-off lately. The shares are trading at $510, which is about 27% below their highest level in November last year.…
Netflix’s Q3 Profit Tops $1.4B Driven by Increasing Paid Streaming Memberships
(Netflix) Netflix, Inc. announced an increase in the third quarter of 2021 income to $1.449 billion from $790 million recorded in the same quarter of 2020. The company’s diluted earnings per…
Netflix (NFLX) Stock Price Forecast: Pullback Expected After Earnings
The Netflix (NFLX) stock price is hovering near its all-time high ahead of its quarterly results scheduled for Tuesday this week. The stock is trading at $628, which is about…
Netflix Is Optimistic ‘Squid Game’ Will Generate $900M in Value for the Company
(Bloomberg) Netflix projects that its highly successful show ‘Squid Game’ will generate about $900 million in value. More than 130 million have reportedly watched the show. The Korean blockbuster show…
Netflix Reaps Big on Paid Membership to Report a 19% Revenue Growth in Q2
(Netflix) Netflix's total revenue jumped to $7.3 billion in the second quarter, an increase of 19% year over year boosted by a rise in paid streaming membership. Netflix recorded an…
Netflix Q2 Earnings Preview: What to Expect
Netflix stock was nearly flat for the year.Q2 EPS is expected at $3.16 on $7.32 billion in revenues.Focus on new subscription numbers.Netflix investment on new shows. Netflix Inc. (NASDAQ: NFLX)…
Netflix Announces Q1 Financial Results. Revenues Grew 24% Year over Year
Netflix revenues in Q1 2021 jumped 24% year over year, in line with forecast, according to the company’s press release. The company finished the quarter with 208 million paid memberships,…