Netflix Gaming Financial Gains Small Despite Tripled Engagement Rates -- Market Talk
1931 ET - Netflix is happy with the progress it has make with its gaming business, first launched close to three years ago. In 2023, the streaming giant tripled its engagement in games. But it hasn'
After falling nearly 7% in after-hours trading, Netflix's Q2 new users doubled from expectations, but the revenue guidance for the next quarter is not good.
Although the net increase in Netflix users in the second quarter of 8.05 million exceeded expectations, it has shown a gradual downward trend for several consecutive quarters, and both the guidance for third-quarter revenue and the outlook for full-year free cash flow are below market expectations, causing a sharp drop in stock prices after hours. However, the overall bullish situation in the second quarter report, the company said that there is significant growth potential in the India market, and raised the lower limit of the range of full-year revenue growth rate, and Wall Street maintains high expectations.
DBS Maintains Netflix(NFLX.US) With Buy Rating, Raises Target Price to $790
DBS analyst Sachin Mittal maintains $Netflix(NFLX.US)$ with a buy rating, and adjusts the target price from $740 to $790.According to TipRanks data, the analyst has a success rate of 77.3% and a
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Express News | Neflix Shares Gain 1.8% at $655.36 After Paring Losses in After Hours Trading Following Results
Express News | Netflix Co-CEO Peters Says Company Has 80-Plus Games in Development
One Metric Where Netflix Can 'Flex Their Muscle' Over Rivals
Express News | Netflix Co CEO Peters Says Generative AI Has 'tremendous Potential' to Improve Recommendations
Stocks Making the Biggest Moves After Hours: Intuitive Surgical, Netflix and More
Earnings reports were driving stock moves in extended trading on Thursday.
Netflix in Charts: Global Paid Memberships Inch Higher, While Paid Net Additions Edge Lower in Q2
Express News | Netflix CFO Says Ads Will Become a "Meaningful Contributor" to Revenue by 2026
With Corners of the Media Industry in Upheaval, Netflix Makes Clear It's Staying Out of the Fray
Netflix added more than 8 million subscribers in the second quarter and now has more than 277 million global customers. The company emphasized it's content to take market share from the traditional world of TV that's not YouTube. Netflix's focus on the status quo comes while smaller competitors Paramount Global and Warner Bros. Discovery grapple with major change.
Express News | Netflix Targets 26% Full Year Operating Margin - Investor Call
Netflix Keeps Streaming Crown With Continued Subscriber, Revenue Growth -- Update
By Jessica Toonkel Netflix continued to add new customers in the second quarter and raised the low end of its forecast for full-year revenue growth, a sign of its continued strength as legacy
Netflix Tops Second-Quarter Views on Stronger-Than-Expected Membership Growth
Netflix (NFLX) late Thursday reported stronger-than-expected second-quarter results as the streaming giant's membership growth surpassed Wall Street's expectations.Revenue increased 17% year-over-