Netflix share price

Netflix stemmed its subscriber losses in the third quarter, as popular programmes including the fourth season of Stranger Things and Dahmer — Monster: The ...

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Netflix estimated that competitors would end 2022 with combined operating losses of "well over $10 billion," compared with Netflix's annual operating profit ...

For the fourth quarter, Netflix projected revenue of $7.8 billion, a sequential decline it blamed on the strong value of the U.S. [Sensex](https://economictimes.indiatimes.com/indices/sensex_30_companies)and [Nifty](https://economictimes.indiatimes.com/indices/nifty_50_companies)Track [latest market news](https://economictimes.indiatimes.com/markets/stocks), [stock tips](https://economictimes.indiatimes.com/markets/stocks/recos)and [expert advice](https://economictimes.indiatimes.com/markets/expert-view)on [ETMarkets](https://economictimes.indiatimes.com/markets). "Some will downgrade or decide to come back to Netflix," Pescatore said. Netflix now has a total of 223.1 million subscribers around the world. The company's forecast of 4.5 million customer pickups by the year's end came in slightly ahead of Wall Street estimates, which had averaged 4.2 million. For fastest news alerts on financial markets, investment strategies and stocks alerts, [subscribe to our Telegram feeds](https://t.me/joinchat/J60pKE7SOStsj5sI8nDmHQ).) A new season of British royal family drama "The Crown" and a sequel to 2019 movie "Knives Out" will be released during the fourth quarter. The company's stock, an investor favorite during its years of rapid growth, had fallen nearly 60% this year before the earnings report. "We believe the ability for our members to immerse themselves in a story from start to finish increases their enjoyment but also their likelihood to tell their friends," the company said. "We're quite confident in the long term that this will lead to a significant incremental revenue and profit stream," Chief Product Officer Greg Peters said. "Our competitors are investing heavily to drive subscribers and engagement, but building a large, successful streaming business is hard," the letter said. The streaming giant is working to kick-start membership growth after a sudden decline in the first half of the year, when the company's subscriber base shrunk by 1.2 million amid a rocky global economy and growing competition for online video viewers.

Total subscribers are now at a new record high of 223.09m with Netflix saying that they expect this to rise 4.5m to 227.59m in Q4. This seems optimistic given ...

Although we are not specifically prevented from dealing before providing this material, we do not seek to take advantage of the material prior to its dissemination. The material has not been prepared in accordance with legal requirements designed to promote the independence of investment research. From the tone of the shareholder letter, it's clear that Netflix doesn’t expect a material contribution from the new ad tier in Q4. Netflix went on to say that the strength of the US dollar has cost it in the region of $1bn this year alone from a revenue point of view. This means that despite an expectation of an increase in the subscriber base of 4.5m, Netflix expects to see lower revenues. Total subscribers are now at a new record high of 223.09m, with Netflix saying that they expect this to rise 4.5m to 227.59m in Q4.