Netflix growth in 2022: Despite adding nearly 9 million paid streaming subscribers, revenue & profit declined

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Netflix growth in 2022: Despite adding nearly 9 million paid streaming subscribers, revenue & profit declined

Post by Admin » Sat Jan 21, 2023 6:33 am

Netflix's growth in 2022 brought a mixed bag for investors. While the number of global paid streaming subscribers went up, revenue and profit declined due to the high acquisition cost of paid subscribers.

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The year 2022 has been a rollercoaster ride for the global streaming giant Netflix. In its 2022 earnings release, the company[...] Continue Reading

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