Netflix is set to report earnings – here's what Wall Street expects
Publishing timestamp: 2023-10-18 12:00:01
Summary
Netflix is set to report its third-quarter earnings and is focusing on profit rather than subscriber growth. The company has raised prices, cracked down on password sharing, and is exploring ad-supported tiers. Production delays and ongoing strikes are also impacting the company. Investors are looking for updates on how Netflix will handle these challenges and the status of its ad tier.
Sentiment: NEUTRAL
Tickers: NFLX,
Keywords: business, business news, life, breaking news: business, streaming services, entertainment, breaking news: earnings, movies, netflix inc,
Source: https://www.cnbc.com/2023/10/18/netflix-nflx-earnings-q3-2023.html