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Netflix reported second-quarter earnings results on July 20 at 0800 AEST. The stock was down 8% post-earnings but up 48% year to date. Was the decline warranted? Let’s walk through 3 key elements from the results and explore the implications for investors. Subscriber growth boosted by password-sharing crackdown Advertising-tier unlocks future growth for the patient investor … Continued
The performance of Netflix has been impressive, with a 96% increase in its share price since October 2022 and a 151% increase since its low in June 2022. We previously discussed Netflix on Livewire with Hans Lee in October 2022 and January 2022 Netflix Q4 results were not a horror story. And we remain invested today. Conviction … Continued
Some share price activity over the last month has been strange, to say the least. So we weren’t entirely surprised when Netflix was sold off a few days ago after guiding to weaker subscriber growth in Q1 22. Often share registers change hands at inflection points, as investors with less conviction reassess their holdings. Interestingly, … Continued
Netflix dominated the 2021 Golden Globes with six wins, triple its closest competition. The Crown won in all four of its nominated categories while The Queen’s Gambit received two awards. Importantly, both series were equally well supported by viewers, with over 16 billion minutes of streaming for the Crown in 2020 and more than 62 … Continued
Disney’s subscriber growth continues to exceed management expectations, which were only recently upgraded at the December 2020 Investor day. The growth in Disney’s subscribers is a testament to the quality of its content and the strength of the Disney franchise. The streaming opportunity is significant, and management expect to reach 300 to 350 million subscribers … Continued
Alphabet reported a strong fourth quarter result this week with revenue and earnings beating analysts’ expectations. One of the key takeaways from the call for us was the continued strength in Alphabet’s YouTube revenue, which grew a staggering 46% to $6.9 billion in the quarter. We have conducted extensive research on the streaming industry, having … Continued
Our primary focus with every investment is to ensure it trades at a discount to our estimate of its intrinsic value. This is the fundamental premise behind value investing. Unfortunately, the market is prone to over optimism at times and deep pessimism at other times, and occasionally our companies will be part of this and … Continued
