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Behind increasing membership fees, Netflix saw a narrow revenue growth, though one that fell short of expectations.

Our Q3 revenue growth forecast of 5% translates into 12% year over year revenue growth on a constant currency basis. Keep it on Shacknews for the latest updates. It also exceeded the guidance forecast of $3.00, which the company is crediting to a $305 million non-cash unrealized gain from F/X remeasurement on our Euro denominated debt. The US dollar continues to strengthen meaningfully against most currencies at a historic pace, with the Euro recently falling below the US dollar for the first time in two decades, a significant headwind for all multinational US companies. As always, we strive for accuracy although the current uncertain macro-economic environment leads to less-than-normal visibility. It also notes that it saw substantial growth from the Asia-Pacific market, which grew 23 percent year-over-year.

Netflix sees a return to modest subscriber growth in the third quarter, and continues to make progress on plans to introduce an ad-supported subscription ...

Management said it now expects to add 1 million subscribers in the third quarter, which would increase the total to 221.7 million. Growth in the Asian-Pacific region partially offset subscriber losses in the U.S. and Europe. The company lost 970,000 global subscribers in the period, better than its projection for a loss of 2 million. Netflix Lost Fewer Subscribers Than Expected in the Latest Quarter. The Stock Is Higher.

The streaming giant provided guidance for the third quarter, saying it expects to add around 1 million net new subscribers. In this article.

The company touted "Stranger Things" season four as a big win for the brand. The company said it is looking at two different approaches in test cases in Latin American that can inform a wider rollout in 2023. The streamer also said it aimed to unveil its lower-cost, ad-supported tier in early 2023. The dollar's surge comes as the Federal Reserve hikes interest rates to fight four-decade-high inflation in the United States. "We'll likely start in a handful of markets where advertising spend is significant," the company said in its shareholder letter. So, our advertising business in a few years will likely look quite different than what it looks like on day one."

Netflix, Inc. (NASDAQ:NASDAQ:NFLX) Q2 2022 Earnings Conference Call July 19, 2022 06:00 PM ET Company Participants Spencer Wang - Vice President, ...

But obviously, the strengthening of the US dollar is a major outlier, and we just need to kind of work through that and operate our -- as best as we can on what we can control in the meantime. I would say, look, we spend the way we spend to get to where we are today, and we think that we're about in the right ZIP code. And as we talk to investors, there's probably about half of them that actually want content spending to come down some and to be kind of reined in a little bit. And I think that really is a testimony to these teams and the teams around the world, working great with creators to create a platform for them to do the best work of their lives. Yes. Look, I think that time spent is such -- the engagement is such an important metric because the time spent on Netflix mean -- made you come in and you're exposed to everything else we're doing as well. And so we saw that as being a lot of alignment out of that, and we're just excited to sort of work with them iteratively on making that happen. But our focus across 2023 and '24 is to build out to kind of return to a more accelerated revenue trajectory for the business. So, we feel quite confident that as we sort of grow into this and we have more subscribers overtime on these plans, that at least initially the unit economics are going to be -- are quite good. And when we run the models and talking to brands, advertisers to Microsoft, we look at the monetization that is the complement to that subscription part of the ad-supported offering, and we're quite optimistic that the unit economics work to make that monetization equal or maybe even better than what we would see on the comparable side for the non-ad, subscription-only kind of plans. And that -- some of those consumers are folks that have never actually ever signed up for Netflix. Some of them are folks that were members for us for a period of time and they decided to cancel for a variety of reasons. Yes. We've seen a lot of excitement in our early discussions with brands holding agency -- holding companies and the agencies, because I think for them, it's been -- they've wanted to connect with the titles, incredible content that Ted's team was putting out there. But I think when you look at the scale of our offering, the technical DNA, the partners that we've got lined up, I'm pretty optimistic that over a couple of years, we can deliver an experience which is fundamentally different from the ad experience on linear in a way that supports all of the stakeholders.

The streaming pioneer is set to report second quarter fiscal 2022 earnings results after the closing bell Tuesday.

The company’s slate of original content has been a key to its subscriber growth. For the quarter that ended June, Wall Street expects Netflix to earn $2.96 per share on revenue of $8.05 billion. Nevertheless, with more than 221 million global paid subscribers, Netflix is by far the industry leader, ahead of the aforementioned Disney. Plus, the company is now looking to pivot and diversify its revenue stream by partnering with Microsoft ( MSFT) to implement an ad-supported tier of its service. Price increases in the U.S. and Canada and parts of Europe have contributed to the sub losses. This has prompted the market to question whether NFLX can maintain its status as the king of streaming. Shares of Netflix ( NFLX) have underperformed the market significantly in 2022, falling 48% and 66% in the respective three and six months.

Netflix (NFLX) delivered earnings and revenue surprises of 10.34% and 0.71%, respectively, for the quarter ended June 2022. Do the numbers hold clues to ...

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I'm Spencer Wang, VP of IR and corporate development. Joining me today are Co-CEO Reed Hastings; Co-CEO and Chief Content Officer Ted Sarandos; COO and Chief ...

I would say, look, we spend -- the way we spend to get to where we are today, and we think that we're about in the right ZIP code. I mean when you look at the revenue side, it's -- we're tracking -- it was 13% constant-currency revenue growth this quarter. As you said, we're expecting to spend on -- cash content spend about $17 billion this year, Doug. So I think we've got to really focus on working tightly with the great -- I think the output of great content is generally the result of 1,000 great decisions. And folks use that tool all the time to find the next great thing to watch on Netflix. So it's a pretty great audience where I think it's rewarded in that when the more you watch, the more you'll find great things. Yeah. Look, I think that time spent is such -- the engagement is such an important metric because the time spent on Netflix made you come in and you're exposed to everything else we're doing as well. I think we've done -- based on the marketability of the projects themselves. OK. On -- let's go back to "Gray Man" for a minute. I think that this is -- and again, this is kind of back to back to back, where I think "Gray Man" will join "Red Notice" and "Adam Project" to be -- and "Don't Look Up" as among the most popular movies of the year, not just on Netflix, but period. Yeah. I think these titles continue to hit new heights, which is really fantastic that we could still be doing this back to back and delivering hits on top of hits, and I think that really belongs to the content teams that do such a phenomenal job around the world. Does -- do you need to have account sharing and kind of lining up with the advertising tier rollout? So we feel quite confident that as we sort of grow into this and we have more subscribers over time on these plans, that at least initially the unit economics are going to be -- are quite good.

Netflix (NFLX) has released its Q2 2022 earnings report, detailing the film and television streaming company's financial performance over the past quarter.

Netflix (NFLX) stock was up in after-hours trading, hitting a high of $218.60. It was valued at $201.63 when the markets closed at 4 p.m. ET. Netflix’s Q3 guidance comes in under the estimates from analysts. Netflix’s (NFLX) Q3 2022 guidance can be found on the second page of the Q2 2022 earnings report, under the Q3 Forecast section.