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09814 Samsung NYSE FANG+ ETF

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4.456
+0.034+0.77%

Not Open Nov 7 16:08 CST

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Comments

Mars Mooo

Jan 23, 2023 04:05

Reasons for Netflix comeback in Jan 2023

Despite a YoY decrease of 90.9% for Q4 2022 net profit, that does not stop Netflix ( $Netflix (NFLX.US)$ ) share price from dropping. Instead, it surged 7% after the earnings result announced on 19 Jan 2023.
There could be a few reasons behind the share price increase, such as the following ones:
1. The number of paid subscribers has increased by 4% YoY to 230.75M memberships.
2. Reveue has also increased by 1.9% YoY to 7.85B.
3. EPS estimates by a...

Netflix surged 7% after Q4 earnings: Back to its glory?