Netflix to stop reporting quarterly subscriber numbers in 2025 [Yahoo! Finance]
Uber Technologies, Inc. (UBER)
Last uber technologies, inc. earnings: 2/6 04:05 pm
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Source: Yahoo! Finance
Thursday, the streaming giant also revealed that it would stop sharing quarterly membership numbers starting in 2025. "In our early days, when we had little revenue or profit, membership growth was a strong indicator of our future potential. But now we're generating very substantial profit and free cash flow," a letter to shareholders read. "We are also developing new revenue streams like advertising and our extra member feature, so memberships are just one component of our growth." Netflix also announced another metric would be left off of reports in 2025 — ARM, or average revenue per membership, defined as "streaming revenue divided by the average number of streaming paid memberships divided by the number of months in the period," per the letter. "Ultimately we think this is a better approach that reflects the evolution of the business," Co-CEO Greg Peters said on an earnings call , referencing the company's shifting priorities from member growth to revenue and profit. After
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UBER
Earnings
- 2/7/24 - Beat
UBER
Sec Filings
- 4/23/24 - Form DEFA14A
- 4/19/24 - Form PX14A6G
- 4/18/24 - Form 4
- UBER's page on the SEC website