Netflix (NASDAQ:NFLX) 2022 Full Year Results
Key financial results
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Revenue: USD 31.6 billion (up 6.5% from 2021).
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Net profit: USD 4.49 billion (down 12% from 2021).
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Margin: 14% (down from 17% in 2021). The decrease in margin was due to an increase in expenses.
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EPS: USD 10.10 (down from USD 11.55 in 2021).
All numbers shown in the chart above are for the last 12 months (TTM) period.
Netflix’s EPS disappoints
Earnings were in line with analyst estimates. Earnings per share (EPS) fell short of analyst estimates by 3.1%.
Revenue over the next three years is projected to grow at an average annual rate of 9.4% compared to the 8.7% growth forecast for the US entertainment industry.
performance of American entertainment industry.
The company’s stock is up 2.9% from a week ago.
balance sheet analysis
Looking at the income statement is very important, but you can also learn a lot about the company by looking at the balance sheet. We did some analysis and See our take on Netflix’s balance sheet.
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This article by Simply Wall St is general in nature. We provide comments based on historical data and analyst projections using only unbiased methodologies and our articles are not intended as financial advice. It is not a recommendation to buy or sell stocks and does not take into account your objectives or financial situation. We aim to deliver long-term focused analysis based on fundamental data. Please note that our analysis may not take into account the latest price-sensitive company announcements or qualitative materials. Is not …
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