3 Pleasant Surprises Netflix Just Gave Investors
Netflix (NASDAQ: NFLX) shareholders haven't had much to celebrate in 2022. The stock slumped roughly 70% following a tough series of earnings reports that had investors questioning whether the streaming video-subscription business had lost its growth mojo, with earnings trends next on tap to worsen.
Some of those fears were overblown.
Netflix on Tuesday announced second-quarter earnings results that contained several pieces of good news about the business. Sure, revenue growth is still hitting a wall. But subscriber trends are back in positive territory, and Netflix's broader growth model is anything but broken.
Source Fool.com
