Netflix shareholders have focused on its rapid subscriber and revenue growth, fueling its stock-market success. But the video-streaming service’s fourth-quarter performance shows how that is coming under threat, writes jennifersaba.
Netflix reported fourth-quarter earnings on Jan. 21. Total revenue rose 31% from the same period last year to $5.5 billion. Earnings for the quarter were $587 million, or $1.30 per share, compared with $134 million or 30 cents per share in the final three months of 2018.
Global subscribers at the end of the fourth quarter totaled 167 million with 8.7 million subscriber net additions. Analysts on average were expecting 7.6 million paid net additions, according to Refinitiv. Netflix had more 2020 Oscar nominations than any other movie studio with 24 nods, including for Martin Scorsese’s “The Irishman.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
‘Twilight’ Star Nikki Reed Is Sinking Her Teeth Into The Sustainable Jewelry MarketThrough her lifestyle company BaYou With Love and partnership with Dell, actress Nikki Reed is making it her mission to intersect sustainability, fashion and tech.
Baca lebih lajut »
Gillian Anderson originally put 'Sex Education' script in the garbageGillian Anderson originally put Sex Education script in the garbage
Baca lebih lajut »
24 Small Ways Real Parents Practice Self-CareFrom a Netflix binge to thoughtful end-of-day moments, here's what parents do for some “me” time.
Baca lebih lajut »
What to Watch on Tuesday: Randall has face-off with home intruder on 'This Is Us'We know TV has a lot to offer, be it network, cable, premium channels, or streaming platforms including Netflix, Hulu,…
Baca lebih lajut »
Netflix Q4 2019: Wall Street split, optimistic on subscriber growth - Business InsiderNetflix posts earnings for its fourth quarter on Tuesday. Some Wall Street analysts are expecting a strong end to the streaming giant's rocky year.
Baca lebih lajut »
What to Watch on Monday: More 'champagne-gate' fallout and a pillow fight on 'The Bachelor'We know TV has a lot to offer, be it network, cable, premium channels, or streaming platforms including Netflix, Hulu,…
Baca lebih lajut »