Reported about 2 months ago
Netflix is expected to report strong Q4 earnings driven by the popularity of live sports, with predictions including revenue of $10.11 billion and earnings per share of $4.18. The return of major events like NFL games and high-profile matches such as Jake Paul vs. Mike Tyson have contributed to an anticipated 9.18 million new subscribers, creating a favorable outlook for the streaming service. However, concerns over engagement levels and future price hikes loom as Netflix considers raising subscription costs amid a slowdown in revenue growth.
Source: YAHOO