Netflix is a leading global entertainment service that provides streaming video content to millions of subscribers worldwide
The company offers a wide variety of films, television shows, documentaries, and original programming across various genres and languages, enabling users to watch content on-demand via multiple devices, including smartphones, tablets, smart TVs, and computers. Netflix continually invests in producing exclusive content and acquiring licensing rights to deliver a diverse catalog, aiming to enhance user experience and maintain its position as a dominant player in the digital streaming industry.
Great earnings push Netflix to new all-time highs. With the leading streamer and the market at high valuations, what should investors expect over the next few years?
Comcast reported 4Q revenue of $31.92B, beating estimates of $31.64B. Adjusted EPS of $0.96 also beat estimates of $0.86. Media segment revenue grew 3.5%, Peacock's paid subscribers increased 29%, and Comcast generated $3.26B in free cash flow. The company increased its dividend by 6.5% and announced a new $15B share repurchase program. Stock declined 3.08% premarket.
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