Netflix is set to report earnings – here's what Wall Street expects

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Netflix's main focus recently has been on juicing profits, not necessarily its subscriber count.

The streaming company is still navigating its transformation from focusing on subscriber growth to focusing on profit, using price hikes, password crackdowns and ad-supported tiers to boost revenue.

Investors will be looking to hear from the company's executives about how Netflix will grapple with these headwinds and for a status report on its ad tier.$3.49 per share, according to LSEG, formerly known as Refinitiv243.88 million, according to Street Account Company executives previously warned investors that its ad tier is still in its infancy and shareholders shouldn't expect it to have a major impact on revenue until at least the end of the year.

Source: News Formal (newsformal.com)

 

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