Disney's surprise streaming entertainment profit offset by weaker TV business [Globe and Mail, The (Toronto, Canada)]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
Check Earnings Report
US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
Company Research
Source: Globe and Mail, The
The division has been losing money since Disney+ debuted in 2019 in a major push by the company to compete with Netflix. The direct-to-consumer entertainment division, which includes the Disney+ and Hulu streaming services, reported operating income of $47-million for the January-March period, compared with a loss of $587-million a year earlier. But the combined streaming business with ESPN+ lost $18-million. The division had lost $659-million in the prior year. Revenue from traditional television business declined 8 per cent to $2.77-billion and operating profit fell 22 per cent from a year ago. “Our strong performance this past quarter demonstrates we have turned the corner and entered a new era for our company,” Chief Executive Bob Iger, who defeated board challenges from activist investors last month, said. “The steps we are taking today lend themselves to solidifying Disney's place as the pre-eminent creator of global content,” Iger said. Iger, who came out of retire
Show less
Read more
Impact Snapshot
Event Time:
NFLX
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
NFLX alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
NFLX alerts
High impacting Netflix, Inc. news events
Weekly update
A roundup of the hottest topics
NFLX
News
- A ‘tidal change' in Bollywood: How the world's largest film industry veered to the right during the Modi era [CNN]CNN
- A ‘tidal change' in Bollywood: How the world's largest film industry veered to the right during the Modi era [CNN]CNN
- What To Watch This Weekend: The Best New Streaming Shows And Movies On Netflix, Prime Video, Hulu And More [Forbes]Forbes
- The 10 Best New Movies On Netflix In May 2024 (Updated) [Forbes]Forbes
- Microsoft to step up subscription, AI game: Analyst [Yahoo! Finance Canada]Yahoo! Finance Canada
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form 144
- 5/6/24 - Form 4
- NFLX's page on the SEC website