$Netflix(NFLX)$Bullish
Netflix earning Result Q2 2022
Last financial result nflx is beat analysts expectation.. Particularly in Asian markets (APAC). Revenue from this region growth 23% year on year. In another region company keep increased revenue especially Latin America. But this challenging from impact of currency. The strong of dollar will impacts revenue from outside America. From subscriber $Netflix(NFLX)$ had about 222 million user. But this growth has competition from another company like apple TV $Apple(AAPL)$ , Disney + $Walt Disney(DIS)$, Amazon Prime $amzn$ , HBO max $AT&T Inc(T)$ , and other.
Revenue bounce back from Q1 2022, the boost from Asia Pacific and Latin America market
Next move netflix plan to implemented ad-supported membership that would offered at lower price and in addition existing membership. This would be another revenue to company
Comments