"Netflix Q4 Earnings: Anticipating Surge in Subscribers and Revenue Growth"

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Source: Yahoo Finance
"Netflix Q4 Earnings: Anticipating Surge in Subscribers and Revenue Growth"
Photo: Yahoo Finance
TL;DR Summary

Netflix is expected to report a surge in new subscribers for its fiscal fourth quarter, with an estimated 9 million additions, bringing the full-year total to around 24 million. The company's revenue initiatives, including a crackdown on password sharing and an ad-supported tier, are also under scrutiny, along with recent price hikes. Analysts anticipate revenue of $8.71 billion and earnings per share of $2.20. The ad tier has surpassed 23 million monthly active users, indicating an accelerated pace of ad-supported subscriptions, which is seen as positive for profitability.

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