Netflix Back to growth

babengerix
2022-07-23

$Netflix(NFLX)$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 

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • YorkTurner
    2022-07-23
    YorkTurner
    I am very bullish on Netflix.
  • YaleBrewster
    2022-07-23
    YaleBrewster
    I think Netflix will have a good performance.
  • familoveyou
    2022-07-23
    familoveyou
    Netflix had dropped too much.
  • YueShan
    2022-07-23
    YueShan
    Noted
  • L8
    2022-07-23
    L8
    k
  • 陳春豐
    2022-07-23
    陳春豐
    👍
Leave a comment
13