How Much Money Has Netflix Lost 2024au. Reiterating his “outperform” rating, he increased his financial estimates and boosted his target stock price from $713 to $770. Discover the different streaming plans netflix offers and how much netflix costs.
On average, standard subscriptions cost. That it didn’t lose the full 2 million previously projected.
The Streaming Giant Said In Its Earnings Report On Tuesday That It Lost Nearly One Million Subscribers In The Second Quarter.
In its latest strong quarterly report, netflix said it added 9.3 million subscribers and exceeded several financial targets.
It’s A Formula That Helped Netflix Earn $2.33 Billion, Or $5.28 Per Share, In The Most Recent Quarter, A 79% Increase From The Same Time Last Year.
That it didn’t lose the full 2 million previously projected.
How Much Money Has Netflix Lost 2024au Images References :
The Only Silver Lining At The Time?
That’s the largest subscriber defection in company.
Cut To April 2024, However, And Netflix Has Flipped The Script, Exceeding Blockbuster.
The streaming giant’s revenue was up 15pc in the first quarter of 2024 compared to the same period last year, while its operating income grew by 54pc.