Netflix’s main focus recently has been on juicing profits, not necessarily its subscriber count.
The streaming company is still navigating its transformation from focusing on subscriber growth to focusing on profit, using price hikes, password crackdowns and ad-supported tiers to boost revenue.
Further complicating matters are production delays resulting from a nearly 150-day writers strike that wrapped up in September and an ongoing actors strike that threatens to prevent and postpone production through the new year.Investors will be looking to hear from the company's executives about how Netflix will grapple with these headwinds and for a status report on its ad tier.
Additionally, they have signaled that operating margins will grow more gradually going forward as it invests in more growth opportunities. It's been less than six months since Netflix instituted its password crackdown, so it's unclear what impact that initiative has had for the company and how much executives will share.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Netflix is set to report earnings – here's what Wall Street expectsNetflix's main focus recently has been on juicing profits, not necessarily its subscriber count.
Read more »
Netflix is set to report earnings – here's what Wall Street expectsNetflix’s main focus recently has been on juicing profits, not necessarily its subscriber count.
Read more »
Airline stocks rocked as Israel-Hamas war fuels profit concernsWall Street worries that airlines face the worst-case scenario of a prolonged Israel-Hamas war
Read more »
Tesla earnings: What to expect from the EV makerWall Street is ‘laser focused’ on electric-vehicle maker’s margins
Read more »
P&G Beats Wall Street Forecasts in Q1First quarter fiscal year 2024 net sales come in at $21.9 billion.
Read more »
Wall Street dips following profit reports, and oil prices jump on war worriesWall Street is dipping following a mixed set of profit reports from big U.S. companies.
Read more »