Marvin Samuel Tolentino Pineda Last Thursday afternoon, we received second quarter results from Netflix (NASDAQ:NFLX). The streaming giant has had strong subscriber and revenue growth for many years now, but the last couple of years have seen profits and positive free cash flow really start to materialize as well. While shares have recently dipped a little thanks to some rotation in the overall market, the company's latest report shows continued long-term progress. My recent coverage on Netflix: Back in ...

Disney could be the biggest streaming winner in the long term.Netflix (NFLX 1.79%) reported a big jump in subscribers in the second quarter but gave up revenue per user to get there. This highlights how well Disney is positioned to grow in streaming with a more mature advertising business and bundles popping up all over the market.*Stock prices used were end-of-day prices of July 20, 2024. The video was published on July 22, 2024. ...

Richard Drury We previously covered Netflix, Inc. (NASDAQ:NFLX) (NEOE:NFLX:CA) in April 2024, discussing why it remained a Buy after the market's over-reaction to the new subscriber reporting standard and the overall tech market declines nearing the Q1'24 earnings season. Despite the maturing streaming business, the company's inherent profitability and robust shareholder returns continued to demonstrate its long-term investment thesis, with market leaders rarely coming cheap. Since then, NFLX has alread ...

Have you assessed how the international operations of Netflix (NFLX) performed in the quarter ended June 2024? For this internet video service, possessing an expansive global footprint, parsing the trends of international revenues could be critical to gauge its financial resilience and growth prospects.The global economy today is deeply interlinked, making a company's engagement with international markets a critical factor in determining its financial success and growth path. It has become essential for inv ...

投资评级 - 报告未提供具体的投资评级[11] 核心观点 - 奈飞2024年第二季度业绩略超预期，会员数净增805万，超市场预期69%。管理层上调2024年收入增速指引至14-15%，再次上调经营利润率指引至26%。预计广告将在2026年起成为增长动力[3] 业绩表现 - 2024年第二季度总收入为95.6亿美元，同比增长17%（汇率中性为22%），经营利润为26亿美元，同比增长42%，经营利润率为27.2%，同比提升5个百分点。净利润为21亿美元，同比增长44%，利润率为22.5%[4] 会员增长 - 会员环比净增805万，较市场预期（477万）高69%，主要受益于内容表现优异、付费共享账号的提振、转化率提升及广告套餐的贡献。亚太地区净增283万，为最大会员增长区域，贡献35%会员增量[5] 广告业务 - 预计广告将在2026年起成为主要增长驱动。2024年第二季度广告套餐会员数环比增34%，广告会员渗透率提升至45%，在全球整体会员中的渗透率超15%[6] 内容投入 - 2024年第二季度内容现金投入44亿美元，同比/环比增21%/13%，内容摊销成本38亿美元，同比增11%，占营业成本比为73%。公司维持全年内容投入170亿美元指引[7] 业绩指引 - 2024年第三季度预计收入同比增14%（汇率中性+19%），经营利润27亿美元，净利润22亿美元。全年上调收入增速指引至14%-15%，再次上调全年经营利润指引至26%[8] 投资建议 - 观察到美国流媒体市场竞争激烈，国际市场或是会员增量的主要动力。奈飞的内容投入力度较竞对大，有望支撑中长期的份额提升。估值角度，现价对应2024E/2025E市盈率34.8x/28.8x，处于相对较高区间[9]

Netflix looks well positioned for strong future growth.Netflix (NFLX -1.51%) saw strong growth in ad-supported memberships when it reported its second-quarter results, although investor reaction to the report was largely muted. Its stock is nonetheless still up about 33% on the year.Let's take a closer look at the streaming service operator's Q2 results, how ads will play a growing role in the company's future, and whether now is a good opportunity to buy the stock.Adding ad-supported membersNetflix reporte ...

Uncover the key takeaways from Netflix's Q2 2024 earnings call. In particular, you should pay close attention to the streaming giant's AI plans.Media-streaming veteran Netflix (NFLX -1.51%) reported second-quarter results on Thursday, July 10. The results were consistently slightly better than management's guidance, edging out Wall Street's consensus estimates across the board.As always, the numbers don't tell the whole story. Netflix's management provided some eye-opening commentary on the second-quarter e ...

simpson33 Barely a few months ago, investors were fretting over Netflix’s (NASDAQ:NFLX) (NEOE:NFLX:CA) decision to stop subscriber reporting. Today, the stock is sitting near YTD highs as the market might be wondering if subscriber counts truly matter when Netflix’s revenue and margins continue to see massive improvements quarter over quarter. Not only are growth metrics accelerating, but Netflix also continues to gain additional market share: both against other streamers as well as against all U.S. TV ...

During Thursday’s Q2 earnings call, Netflix officials discussed a redesigned homepage aimed at improving content discovery for users, along with excitement connected to its advertising business targeting subscription tiers with streaming ads.Netflix Co-CEO Greg Peters said during the call that continually enhancing the member experience is an ongoing priority.“The key to our success is quality at all levels,” he noted. “It’s great movies, it’s great TV shows, it’s great games, its great live events, and a g ...

bymuratdeniz Netflix (NASDAQ:NFLX) reported a strong q2’24 with improved guidance for the duration eFY24. Much of the growth is driven by the firm’s ad-supported tiers and subscription adoption across growing geographies, such as India (“APAC”) and EMEA. I believe that Netflix will realize continued growth as the firm treks deeper into live-streaming, sports, and entertainment, especially as the firm develops their advertising brokerage platform. Despite the strong growth, Netflix may realize certain he ...