Netflix earnings beat, but stock slips on WBD bid uncertainty

1 min read
Source: Seeking Alpha
Netflix earnings beat, but stock slips on WBD bid uncertainty
Photo: Seeking Alpha
TL;DR Summary

Netflix beat Q4 with 17.6% revenue growth, 30% higher operating income and improving margins, but the stock fell about 4% after the company amended its all-cash bid for Warner Bros. Discovery, citing valuation and execution risks despite the potential to broaden content and subscriptions.

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