OTT giant Netflix released its Q3 2022 results after Tuesday’s Closing Bell on Wall Street, and Pivotal Research Group Internet/Media/Communications Analyst Jeffrey Wlodarczak took a nosedive into the report.
As he sees it, Netflix “reported moderately better than expected overall Q3 subscriber growth.” At the same time, in-line Q4 2022 subscriber guidance was offered.
That said, the dip in the subscriber growth is definitely worth noting.