Netflix's Growth Faces Hurdles
NFLXNetflix(NFLX) Seeking Alpha·2024-07-20 04:26
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 ...