:Netflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.Shares of the streaming pioneer surged more than 8 per cent on Friday, as its four
:Netflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.
At least 18 brokerages raised their price targets on the stock as they cheered Netflix's 7.66 million subscribers additions that easily beat estimates of 4.57 million. "Content performance is underpinning all aspects of financial improvement and helps investors sleep better," Wells Fargo analysts said, adding that double-digit revenue growth could be achievable in the second half of the year.
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Netflix's ability to churn out hits gives it an edge over rivals -analystsNetflix Inc's steady stream of hit shows is helping it stand out in a crowded market while paving the way for double-digit revenue growth later this year, analysts said, after the firm topped estimates for subscriber additions.Shares of the streaming pioneer surged nearly 6 per cent on Friday as its fourt
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Australian Open 2023: order of play on FridayMELBOURNE : Order of play on the main showcourts on the fifth day of the Australian Open on Friday (prefix number denotes seeding):* Day session: From 11 a.m. local time (0000 GMT)* Night session: From 7 p.m. local time (0800 GMT)ROD LAVER ARENA5-Barbora Krejcikova (Czech Republic) v
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Jin of BTS completes basic military training, shares photos in uniformJin's note to his fans read: “I’m enjoying spending my time here. I’m posting photos after receiving permission from the military. ARMY, always be happy and take care.”
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Reed Hastings steps down as Netflix CEO as company posts subscriber gainsLOS ANGELES : Netflix Inc co-founder Reed Hastings announced on Thursday he will step down as chief executive, handing the reins of the streaming service to his longtime partner and co-CEO, Ted Sarandos, and the company's chief operating officer, Greg Peters.Shares of the company, which had fallen nearly
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Netflix co-founder Hastings steps down as CEO as company adds subscribersLOS ANGELES : Netflix Inc co-founder Reed Hastings said on Thursday he will step down as chief executive, handing the reins of the streaming service to longtime partner and co-CEO Ted Sarandos and the company's chief operating officer, Greg Peters.Shares of the company, which had fallen nearly 38 per cen
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It's (the last) morphin' time for original Power Rangers in Netflix anniversary specialOnce a Ranger, always a Ranger. The Mighty Morphin Power Rangers television series kicked off the Power Ranger fever some 30 years ago, so it's only apt that Netflix has gone back to celebrate its roots with the Mighty Morphin Power Rangers: Once & Always 30th Anniversary Special. The standalone feature will reunite some of the original 1993 cast, with...
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