[Upcoming Live] Netflix 2020 Q4 Earnings Conference Call
Streaming video service provider Netflix $Netflix (NFLX.US)$ announced that it will publish its earnings report of 2020 Q4 after U.S. stocks open on Jan.19 and the earnings call is scheduled at 15:00 (PST) this day. @moo_Live will play the conference call synchronously. Netflix predicts that the net paying users of streaming media platforms will increase by 6 million in the fourth quarter, which is a year-on-year decline after 8.8 million in the fourth quarter of 2019.
Considering the slow promotion of vaccines and the pandemic, Netflix may continue to get benefit from consumer habits. Iper Sandler analyst Yung Kim said: "Despite increasing competition, Netflix still accounts for a considerable share of content consumption. Besides, due to health concerns that keep consumers away from travel and outdoor entertainment. Netflix is expected to continue to be the beneficiaries of the fight against the epidemic at home."
While last quarter, Netflix disappointed investors because there were signs that the company was affected by health incidents and soared growth of users in the first half of the year, resulting in a slowdown in users' growth in the second half of the year.
Will the number of Q4 new users meet expectations? Please leave your comments .
We look forward to seeing you online!
Disclaimer: The information contained in this video represents the views and opinions of the original creators and does not necessarily represent the views or opinions of moomoo. The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
Considering the slow promotion of vaccines and the pandemic, Netflix may continue to get benefit from consumer habits. Iper Sandler analyst Yung Kim said: "Despite increasing competition, Netflix still accounts for a considerable share of content consumption. Besides, due to health concerns that keep consumers away from travel and outdoor entertainment. Netflix is expected to continue to be the beneficiaries of the fight against the epidemic at home."
While last quarter, Netflix disappointed investors because there were signs that the company was affected by health incidents and soared growth of users in the first half of the year, resulting in a slowdown in users' growth in the second half of the year.
Will the number of Q4 new users meet expectations? Please leave your comments .
We look forward to seeing you online!
Disclaimer: The information contained in this video represents the views and opinions of the original creators and does not necessarily represent the views or opinions of moomoo. The live video is made available for informational purposes only. Before investing, please consult a licensed professional.
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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Knulp : Definitely!
Ilona : Netflix is the big brother
71475748 : supply and demand people want what Netflix has .