🤐 Summary of Netflix's financial results
I will briefly explain last night's financial results.
• Revenue: Financial estimates $5.12 → Actual $5.40
• Revenue: Financial estimates 9.7 billion 70 million dollars → Actual 9.8 billion 30 million dollars
• Worldwide paid memberships: 0.2827 billion (estimated 0.2815 billion) people
All of the following are increasing ⤴️
Revenue is up 15% ⤴️
Operating margin is up 8% ⤴️
Global paid memberships up by 14.4% ⤴️
Operating margin is up by 27% ⤴️
Membership with ads also increased by 35% in the previous quarter ⤴️
Per capita viewing time = satisfaction is also increasing.
By the way, the cash flow is also wonderful.
Netflix is expected to continue growing until 2025.
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