Netflix Earnings: 3 Key Items to Watch
Netflix (NASDAQ: NFLX) will help kick off earnings season next week. The streaming-TV company is slated to report its first-quarter results on April 20. As one of the first major growth stocks to report earnings every quarter, investors will be watching the update closely.
Netflix will be up against a tough comparison in the year-ago quarter, when the streaming-TV specialist added an incredible 15.8 million new subscribers. "[O]ur membership growth has temporarily accelerated due to home confinement," Netflix said in its first-quarter update last year.
With such a unique year-ago backdrop, it will be interesting to see how Netflix's business grows on a year-over-year basis in 2021.
Source Fool.com
