Netflix reported a mixed result as it managed to surpass its rather modest guidance of 1 million net subscriber additions by adding 1.54 million subscribers. The company’s revenues surpassed Wall Street expectations but there were concerns associated with the company losing nearly 430,0000 subscribers in its core North American market. Competitive pressures and the limited Originals content being rolled out in the first half of the year was responsible for this loss of subscribers. However, the ....
28 Jul 2021
Netflix Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
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Netflix Inc. - Investment Thesis, Key Drivers, Financial & Price Forecasts, DCF Valuation
Netflix, Inc. (NFLX:NAS), 0 | Netflix, Inc. (0QYI:LON), 56,500
- Published:
28 Jul 2021 -
Author:
Ishan Majumdar -
Pages:
14
Netflix reported a mixed result as it managed to surpass its rather modest guidance of 1 million net subscriber additions by adding 1.54 million subscribers. The company’s revenues surpassed Wall Street expectations but there were concerns associated with the company losing nearly 430,0000 subscribers in its core North American market. Competitive pressures and the limited Originals content being rolled out in the first half of the year was responsible for this loss of subscribers. However, the ....