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Video streaming platform Netflix, Inc. (NASDAQ: NFLX) on Thursday said its fourth-quarter earnings declined, due to disappointing revenue performance.
The Los Gatos-based company had a total of 230.75 million subscribers at the end of the quarter, which was up 4% year over year. Membership growth translated to 2% of total revenue to $7.85 billion. The top line is in line with analysts’ forecasts.
Check out this space to read management/analyst commentary on Netflix Q4 2022 earnings
The company generated $55.28 million or $0.12 per share of net profit in the three months, compared to $607.4 million or $1.33 per share in the fourth quarter of 2021. The following also missed expert projections.
Previous Performance
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