Netflix delivers solid 4th quarter, but stock sinks amid worries about slowing subscriber growth
Netflix reported solid fourth-quarter financials, exceeding analyst expectations despite a slowdown in subscriber growth. The company's focus remains on its $72 billion bid for Warner Bros. Discovery, facing competition from Paramount and regulatory scrutiny. Management forecasts a challenging start to the year, with revenue growth expected to taper.
Netflix reported solid fourth-quarter financials, exceeding analyst expectations despite a slowdown in subscriber growth. The company's focus remains on its $72 billion bid for Warner Bros. Discovery, facing competition from Paramount and regulatory scrutiny. Management forecasts a challenging start to the year, with revenue growth expected to taper.
