Netflix ๐บ
1) Do you feel satisfied with the latest earning results of NFLX?
Yes, Iโm satisfied as the overall earnings are quite promising as compared to the expected result, all above the target. The Netflix's 3rd quarter results as below:
- Revenue: $7.93 billion versus $7.85 billion expected
- Revenue: $7.93 billion versus $7.85 billion expected
-Adj. earnings per share (EPS): $3.10 versus $2.22 expected
- Subscriber net additions: +2.41 million versus +1 million estimated
2) Whatโs your opinion or analysis about NFLX currently?
I believe NFLX has shown good re-acceleration growth, and the movies, dramas, and television shows are of sufficient quality for all Netflix subscribers to continue supporting and subscribing to it (I also one of the supporters ![]()
). Since the streaming business has become a trend for this generation, it could be another milestone for NFLX to continue growing and build up more confidence for the investors.
3) Where will the video streaming industry be heading?
I believe this is another watershed moment for NFLX; building a large video streaming database is difficult, but NFLX will be more concerned with good quality as well as note of operating profit earning. Typically NFLX uses the internet to stream movies and TV shows from their servers to subscriberโs screen. Given that everyone has their own device or smartphone for video streaming, it is quite convenient. It would be advantageous if NFLX could offer some bundle discounts to new or existing subscribers. I think NFLX with good quality and fast-speed video streaming is quite cool. I also heard there will be another announcement of new ad-supported tier, maybe is good (cheaper - to boost sales but sometimes ads annoying), IDK.
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