2024-07-19 13:28:52
Business
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Netflix Beats Subscriber Targets and Cautions on Next Quarter
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The Street
Finance
Economy
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Netflix's stock price has risen 33.5% year-to-date, nearing its all-time high of $697.49 reached earlier this month. Investors are closely watching the company's Q2 earnings report and its progress in transitioning to an ad-supported model and expanding its live programming offerings.
Yahoo Finance
Netflix beats subscriber targets but cautions on next quarter
Economy
Technology
Netflix surpassed subscriber targets in Q2 with 8M new sign-ups, boosted by password-sharing crackdown. Q3 subscriber gains may dip due to crackdown timing. Revenue for the quarter hit $9.56B, in line with predictions. Ad-supported tier growth and new bundles like Comcast's 'StreamSaver' bolstered revenue outlook.
Tagesschau - Wirtschaft und Börsen-Nachrichten
Netflix Gains Eight Million Subscribers in Streaming Business
Economy
Finance
Netflix gains 8 million new customers through successful series like "Bridgerton" and "Baby Reindeer"; the streaming provider benefits from the password campaign; Paramount Plus is coming to Germany in 2022; ad-supported subscriptions grow by 34%.
Webrazzi
Netflix gained over 8 million global paid users since April
Economy
Technology
Finance
Since April, Netflix has gained 8 million new paid users; advertising layer memberships increased by 34% compared to the previous quarter; growth is expected to be around 14-15% in total for the year 2024; The cheapest subscription in Netflix Turkey is 149.99 TL, while the most expensive is 300 TL.
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