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22-04-2022, 02:02 PM
(22-04-2022, 01:55 PM)CY09 Wrote: Hi Wildreamz,
I dont think Netflix provided full year subscriber guidance. They are basing it on quarter by quarter guidance. They have only projected to end June 2022 where they see a 2 million subscriber loss
https://s22.q4cdn.com/959853165/files/do...,-2022.pdf
Revenue will grow year on year though because the loss in subscribers is offset by their increase in fees
Yes they do not provide full year guidance. Please refer to my previous posts to see my quote from Reed Hastings from the earnings call transcript.
It's sort of a "non-guidance, guidance".
“If you buy a business just because it’s undervalued, then you have to worry about selling it when it reaches its intrinsic value. That’s hard. But if you can buy a few great companies, then you can sit on your ass. That’s a good thing.” - Charlie Munger