Thndr Claps
  • U.S.
  • Egypt
  • Saudi
  • Thinkers
No Result
View All Result
Thndr Claps

Thndr Claps » U.S. Claps » Tech 📲 » Netflix raking in new subscribers 📺

Netflix raking in new subscribers 📺

by Omar El Shorafa
January 20, 2023
Claps, NASDAQ, Tech

The Clap
Netflix (NASDAQ:NFLX) added 7.66 million new subscribers, significantly more than analysts’ expectations of 4.57 million.

What
Despite the significant increase in subscribers, Netflix recorded an EPS of 12 cents in Q4, less than the expected 45 cents.

In addition, co-CEO Reed Hastings is leaving his post and will become executive chairman, while COO Greg Peters was promoted to co-CEO.

So What
The biggest driver of Netflix’s lower-than-expected EPS was due to a large amount of euro-denominated debt, which increased proportionally to a weakening USD.

Now What
Netflix’s new ad-supported tier has been included in its earnings, although it is unclear how many new subscribers the tier brought.

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)

Related Posts

Intel, Chips, NASDAQ
Tech 📲

An underwhelming quarter from Intel 📉

by Omar El Shorafa
January 27, 2023
Tech 📲

AT&T stock jumps 📡

by Omar El Shorafa
January 26, 2023
Claps, Tech, NYSE
Tech 📲

IBM tops estimates and plans job cuts 💾

by Omar El Shorafa
January 26, 2023
Claps, Tech, Automotive
Automotive 🚗

Tesla ended 2022 on a high 🔝

by Omar El Shorafa
January 26, 2023
Claps, Health
Tech 📲

Amazon offer medical subscription service 💊

by Omar El Shorafa
January 25, 2023
Claps, Tech
Tech 📲

Microsoft posts bitter-sweet quarter 💻

by Omar El Shorafa
January 25, 2023

Website

Community

Blog

Learn

© Thndr. All rights reserved

No Result
View All Result
  • U.S.
  • Egypt
  • Saudi
  • Thinkers

Disclaimer: Thndr does not provide investment advice, individual investors are responsible for their own decisions or can seek independent advice. The value of investments can go up and down. Thndr is a trading name of Thndr Securities Brokerage which is authorised and regulated by the Financial Regulatory Authority (FRA). Registered in Egypt (no. 804)..© Thndr. All rights reserved

 

Hello👋 We want you to be able to express your opinions on anything and everything finance and economics related to the Egyptian and US markets.

This is why we introduced Thndr Thinkers💭

Let’s go through some housekeeping notes before you jump into publishing your article to all Thndr Claps readers!

Type of Content📝 We want to see market-relevant content that shows good analysis, please! Base your articles on facts 

Don’t be shy, explain🗣 Flex your knowledge to us, and we’ll share it with all the readers!

Be Original🙏 Please don’t copy. No one likes a copycat. All submissions are welcome as long as they’re yours 

Make your title attractive🤩 A title is like the cover of your book. Attractive enough to make you look at the book but also clear enough to tell you what the book is about.

Clean🧹 We’re all humans and we all make mistakes. But please try and clean up the article so it’s clear for all the readers 

No promotional content🚫 We don’t publish promotional content.

Any questions about becoming a Thndr Thinker? Email thndrclaps@thndr.app and we’d be happy to help!

Normally, your article will be published within 24 hours of submission (if you followed the guidelines)