Categories AlphaGraphs, Earnings, Leisure & Entertainment

NFLX Earnings: Netflix Q4 2022 profit drops amid weak revenue growth

Video streaming platform Netflix, Inc. (NASDAQ: NFLX) on Thursday said its fourth-quarter earnings declined, hurt by unimpressive revenue performance.

Netflix Q4 2022 earnings infographic

The Los Gatos-based company had a total of 230.75 million subscribers at the end of the quarter, which is up 4% year-over-year. The membership growth translated into a 2% growth in total revenues to $7.85 billion. The top line matched analysts’ forecasts.

Check this space to read management/analysts’ comments on Netflix’s Q4 2022 earnings

The company generated $55.28 million or $0.12 per share of net profit during the three-month period, compared to $607.4 million or $1.33 per share in the fourth quarter of 2021. The bottom line also missed experts’ projections.

Prior Performance

  • Netflix-Q3-2022-Earnings-Infographic
  • Netflix Q1 2022 Earnings Infographic
  • Netflix Q4 2021 earnings infographic


Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock


Most Popular

V Earnings: Key quarterly highlights from Visa’s Q1 2023 financial results

Visa Inc. (NYSE: V) reported first quarter 2023 earnings results today. Net revenues grew 12% year-over-year to $7.9 billion. GAAP net income rose 6% to $4.2 billion while EPS grew

Earnings: Highlights of Intel’s (INTC) Q4 2022 financial results

Intel Corporation (NASDAQ: INTC) Thursday reported a decline in adjusted earnings and revenues for the fourth quarter. The semiconductor giant also provided guidance for the first quarter of 2023. Fourth-quarter

McCormick (MKC) expects to drive sales growth in 2023 through pricing actions and cost savings

Shares of McCormick & Company Inc. (NYSE: MKC) were down over 5% on Thursday after the company missed expectations on its fourth quarter 2022 results and provided a lower-than-expected earnings

Add Comment
Viewing Highlight