Netflix Expects Paid Net Additions To Be Higher In Q4 Than Q3 Due To Normal Seasonality And A 'Strong' Content Slate
Portfolio Pulse from Benzinga Newsdesk
Netflix anticipates higher paid net additions in Q4 compared to Q3, driven by normal seasonality and a strong content lineup.
October 17, 2024 | 8:03 pm
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Netflix expects an increase in paid net additions in Q4, attributed to seasonal factors and a strong content slate, which could positively impact revenue.
The expectation of higher paid net additions in Q4 suggests potential revenue growth for Netflix, driven by seasonal trends and a strong content lineup. This positive outlook is likely to boost investor confidence and could lead to a short-term increase in stock price.
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