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Netflix had strong streaming membership growth in the fourth quarter of 2023, recording over 260 million streaming members, up 5.30% quarter over quarter and 12.80% year over year.
Netflix (NFLX) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
As of 4:15 p.m. ET, Netflix shares were trading about 1% lower. Although the quarter looked strong and revenue guidance was raised, shareholders may have profitability concerns for the second half ...
SAN FRANCISCO -- Netflix subscriber growth missed its mark in the first quarter of this year, but the on-demand television star expects to hit the 100-million m ...
Immediate Market Reaction Netflix stock was trading slightly lower after hours, but not by much. As of 4:15 p.m. ET, Netflix shares were trading about 1% lower.
The U.S. quarterly earnings season continues under the shadow of the ongoing tariff war, focused on the Washington-Beijing axis. In addition to major financial institutions, the first stock market ...
But they should also be aware that both stocks are expensive: Netflix is currently trading at 45.75 times earnings expected over the next 12 months, while Spotify is trading at 59.43 times.
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