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-0.000226408259373302 -0.000226408259373302 0.00153957616373849 -0.000181126607498683 0.00452816518746604 0.00219163195073363 0.00130411157399027 0.00163013946748773
Stock impact report

Should You Stay Away From Comcast (CMCSA) Ahead of Q1 Earnings? [Yahoo! Finance]

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: Yahoo! Finance
Online video streaming service providers, such as Netflix NFLX, Disney DIS, YouTube and Apple TV+, have become a severe threat to cable TV operators because of solid and diversified content at a cheaper cost. The intensifying competition and cord-cutting have been a headwind for Comcast. Netflix, Comcast's nearest rival, is benefiting from a strong subscriber base. In first-quarter 2024, NFLX benefited from its crackdown on password-sharing and ad-supported tier, in addition to the recent price hikes on certain subscription plans. At the end of the first quarter, NFLX had 269.6 million paid subscribers across more than 190 countries globally, up 16% year over year. Disney is also expected to report an increase in its subscriber base. The company expects Disney+ core subscriber net additions between 5.5 million and 6 million and ongoing positive momentum in ARPU in the fiscal second quarter. Moreover, the industry-wide trend of declining profitability of residential video service Show less Read more
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