On Wednesday, April 22, 2020, Netflix Inc (NASDAQ:NFLX) announced it had doubled its profit during the first quarter thanks to the addition of 16 million users amid COVID-19. Now, the outlook for the streaming giant is dire: Netflix could see a profit cut of about 25% next year. Going Down In April —exactly two years […]
https://www.valuewalk.com/netflixs-profit-could-plunge-by-25-in-2023/
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