While it is unclear how Netflix is performing in India this quarter, it reportedly saw a 0% growth in monthly active users in Q4FY23, while also running into problems with some of its Indian content this quarter.
Shares of Zillow Group (Z, ZG) are falling sharply in after-hours trading. The company reported first quarter adjusted earnings of $0.36, topping estimates of $0.28. Revenue of $529 million beat Street expectations of $508.9 million. The second quarter revenue forecast, however, was a disappointment. Zillow sees revenue in a range of $525 million to $540 million in the quarter. Analysts had been expecting $559.2 million. Yahoo Finance's Akiko Fujita and Josh Lipton break down the real estate...
New data from Netflix's reported earnings show that it gained 9.33 million paid subscribers for Q1 2024 alone.
By moving away from a singular pricing model to more diversified tiers, Netflix aims to optimize its revenue streams while catering to its subscribers' unique needs and affordability worldwide.
Amazon Swings Wildly After Reporting Blowout AWS Results But Revenue Guidance Disappoints Heading into Amazon's Q1 earnings, we said earlier that the investment thesis is driven by i) ecommerce share, ii) margin expansion and iii) the potential for AWS growth recovery through the year. We also noted that the key bogeys for this extremely popular - among hedge funds - position were the following: Q1 Total Sales: high end of guide $138-$143.5 bn Q2 Total Sales: $150 bn high end Q1...
Advanced Micro Devices reported strong data center revenue that grew 80% in the first quarter ended March 31, but gaming revenue fell 48%.
Super Micro is now a component of the S&P 500 index. The company's growth accelerated to 200% from 103% in the previous quarter, but revenue still missed.
Shares of Netflix took a sharp tumble of about 5 per cent as the market closed, spurred by the streaming video pionaeer's decision to cease disclosing subscriber numbers and prioritise viewer engagement metrics.
Revenue: Reported Q1 2024 revenue of $1,175 million, a 53% increase
Revenue: Reported Q1 2024 revenue of $645 million, a 37% increase
Revenue: Reported at $3.79 billion, surpassing estimates of $3.72 billion.
Netflix shares fell 9% on Friday after the streaming giant projected slower-than-expected revenue growth in the upcoming quarter and revealed it would stop disclosing subscriber numbers on a quarterly basis next year.