Netflix management maintains revenue growth expectations despite decline in viewing hours

1. 1Netflix recorded a 2% year-over-year increase in total viewing hours in the first half of this year.
2. 2Netflix management stated that the third-quarter churn rate improved compared to last year despite price increases.
3. 3CFO Spencer Neumann reaffirmed double-digit revenue growth, profit margin expansion, and free cash flow growth during the third-quarter earnings release.

Source The Motley Fool +1 · View original ↗

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