Netflix earnings: One thing Wall Street is concerned about

Netflix (NFLX) stock has outperformed throughout 2024, but a new concern is emerging among investors ahead of the company’s earnings report October 17th: engagement levels. Biannual viewership data from the streaming giant revealed that global engagement remained relatively flat year-over-year from January to June, with 93.5 billion hours viewed in 2023 compared to 94 billion hours viewed in 2024.

Yahoo Finance Entertainment Reporter Alexandra Canal delves into the details of this development, exploring its implications for Netflix’s operations moving forward.

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This post was written by Angel Smith