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Anushka Dutta

Netflix, Inc. (NFLX) Investors Eyeing Strategies Pre-Earnings Release

NFLX Netflix Netflix Inc

Streaming giant Netflix, Inc. (NFLX) is set to post its fourth-quarter results tomorrow on January 23, 2024. In the last reported quarter, the company’s profit topped expectations, with an EPS of $3.73 versus $3.49 per share expected, while its top line of $8.54 billion aligned with analyst expectations.

The company is still exhibiting pricing power in the streaming market, seeking higher profitability amid high operating costs. NFLX raised its basic plan price by $2 and premium plan price by $3 while keeping its ad-tier pricing the same.

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