Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more subscribers than many analysts, myself included, expected,” said eMarketer senior analyst Ross Benes. “This signals that password sharing was even more common than previously...
Netflix Reports Blowout Q1 Results & Sub Adds, But Warns Gains Will Slow, Will End Reporting Of Quarterly Subs; Stock Slides After suffering a historic collapse at the end of 2021, when in the span of five months Netflix lost 75% of its value, and when Ackman first bought then immediately dump the stock just around the generational bottom, the company has enjoyed a stellar recovery over the past two year when it rose by nearly 300%, from a low of $166 to a recent high of price of...
Health workers issued 11 million sick notes, also called 'fit notes', in England last year, up 108 per cent from 5.3 million in 2015, according to Policy Exchange think-tank.
These stocks are all rallying early Tuesday, amid a flurry of earnings reports and a little M&A news. ↗️ Tesla (TSLA): All eyes are on the [EV maker's earnings](https://www.wsj.com/livecoverage/stock-market-today-earnings-04-23-2024/card/tesla-repo
What to watch for in Q1 reports from Nvidia, Microsoft, Amazon, Broadcom,
A big earnings boom for credit card giant American Express helped the Dow notch another win.
New data from Netflix's reported earnings show that it gained 9.33 million paid subscribers for Q1 2024 alone.
Netflix made some risky moves last year but it seems to have paid off.
Netflix makes a big announcement. In reporting its first quarter earnings for 2024, Netflix announced that they will stop reporting subscriber numbers starting in 2025. Netflix will announce "major subscriber milestones" as they happen, but won't disclose quarterly subscriber numbers. “As we’ve noted in previous letters, we’re focused on revenue and operating margin as our primary financial metrics — and engagement (i.e. time spent) as our best proxy for customer satisfaction. In our early...
Last year, Netflix made a particularly risky bet by pushing users who share passwords to create their own accounts — but it’s paid off. Netflix, the dominant player in streaming, added more than 9 million subscribers in the first three months of the year, hitting a record high of 269.6 million subscribers. “It added more subscribers than many analysts, myself included, expected,” said eMarketer senior analyst Ross Benes. “This signals that password sharing was even more common than...
Netflix announced it had added 9.33 million subscribers to its streaming service worldwide in the first quarter of 2024, as it brought in $9.37 billion in revenue for that time period.
Households reminded to be aware of a number of changes affecting their finances during April