It can be seen from the information and financial forecasting features on Futubull, $Netflix (NFLX.US)$Delivered brilliant results in the first quarter of 2024, regardless of revenue and profitabilityBeat Market Expectations, the most watched new paid users in the market reached 933 million in the latest quarter, well above the 48 million expected by the market. Then the price of Nefei shares after the saleBreaks below $600, down more than 6%And today we will find out with everyone what problems Nefei is currently facing.
Results are an advance reflection of the results of the previous quarter
Nefei's share price has risen by more than 30% this year, far outperforming the S&P 500 index. A significant turning point was the 2023Q4 results announced on January 23 of this year, when both performance data and management mentioned the push to achieve significant growth in shared users, adding paid users with strong growth. Advertising packages attract users, market expectationsARMAverage Revenue per Membership will be more stable, leading to stable profitability. Strong platform advantages mentioned at the Nefei Lecture on January 30 this year(Interested mooers can't get hot)。 However, due to the above factors, the share price has increased significantly this year, and the share price has reached the forecast of a market profit margin of 35~40 (around the $635 level) mentioned at the last talk.
Guidance Lack of Surprises and Underlying Slowing Growth Depressed
Netflix Delivers a Glorious...