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Netflix surged 7% after Q4 earnings: Back to its glory?
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Netflix announced the latest Q4 earnings results on Jan 19. The results show that its Q4 revenue was $78.5 billion, a year-on-year (YoY) inc Show More
Netflix announced the latest Q4 earnings results on Jan 19.

The results show that its Q4 revenue was $78.5 billion, a year-on-year (YoY) increase of 2%. Net profit for Q4 2022 was $55 million, a YoY decrease of 90.9%. But most importantly, the number of paid subscribers lost is far less than expected, reaching 231M with a positive 4% YoY. NFLX surged up to 8% after the earnings release.

Netflix's efforts seem to have been recognized by the market and its share is still trading at a less than 50% level of its historical high. Is now a good time to build a position for the streaming giant? Join the topic and share your ideas now!

Rewards: Six winners will be given 600 points for each, based on the content's originality, quality and engagement.
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