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Tuesday, April 16, 2024

Netflix Kicks Off Tech Earnings Today. What to Expect.

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Netflix


opens the third-quarter tech earnings season after the close on Tuesday, with a focus on whether the streaming giant can snap a two-quarter streak of declining subscriber count.

As usual, Netflix (ticker: NFLX) investors will be keeping a close eye on the company’s subscriber growth total, which tends to move the stock more than the trends in revenue and profits. But this time around, they’ll also be looking for more color on the company’s just-revealed plans to offer an advertising-supported subscription tier—and they await an update on how the company intends to reduce password sharing on the platform

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