Netflix's Mixed Q2 Earnings Gives Wall Street Mixed Feelings – IndieWire
Netflix recently reconditioned us all to think of revenue as more important than subscriber growth. And then it had an exact-opposite quarter.
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Netflix recently reconditioned us all to think of revenue as more important than subscriber growth. And then it had an exact-opposite quarter.
Operator: Good afternoon, and welcome to the Omnicom Second Quarter 2023 Earnings Release Conference Call. At this time, all participants are in a listen-only mode.
After a 60% run-up this year, the stock is down 9% today as Wall Street optimism is tinged with caution.
Netflix said accelerating revenue is the "primary objective" after Q2 revenue came in below analyst expectations.
Netflix recently reconditioned us all to think of revenue as more important than subscriber growth. And then it had an exact-opposite quarter.