Netflix (NFLX) bought back $400 million of stock in Q1, expects to accelerate future repurchases
It would appear that Netflix is on the move to aggressively buy back a wealth of its shares, having reacquired 1.2 million in its fiscal Q1 2023.
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It would appear that Netflix is on the move to aggressively buy back a wealth of its shares, having reacquired 1.2 million in its fiscal Q1 2023.
The password-sharing crackdown was originally estimated to happen earlier this year.
Netflix reported its Q1 2023 earnings results, and between key metrics like revenue and EPS, it looks like the company was right in line with estimates.
Netflix asserts that it remains on track to meet its financial goals for the year.
Staten just recently left Xbox Publishing and Halo's Head of Creative position after work on Halo Infinite.
Here is who currently serves as the CEO of Netflix.
The earnings results reflect Netflix missing previous EPS estimates, though revenue was shown slightly above the company's beginning-of-quarter projections.
Reed Hastings is moving from Co-CEO to Chairman of the Board at Netflix as the company reports its Q4 2022 financial results.
The company saw 7.7 million subscribers in Q4 2022, higher than Netflix's forecasted total of 4.5 million.
Here's how you can listen to Netflix's (NFLX) Q4 2022 earnings call.