Netflix Operating Income Looks Promising

Summary:

  • Operating margins should improve in 2023 as competitive pressures ease.
  • No one has a streaming ecosystem like Netflix.
  • The journey to streaming is still very early in markets like Poland.
Netflix To Report Quarterly Earnings

Brandon Bell

Introduction

Netflix (NASDAQ:NFLX) has always focused on engagement, revenue and profit as they never had the luxury of using legacy media profits to support streaming. Co-CEO Ted Sarandos talked about this at the December 2022 UBS TMT Conference:

The core


Disclosure: I/we have a beneficial long position in the shares of NFLX, AMZN, GOOG, GOOGL, PARA, WBD, VOO either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.


Leave a Reply

Your email address will not be published. Required fields are marked *