MarketWatch First Take: As Netflix growth slows, streaming pioneer plans to open up its viewer metrics
The days of astounding double-digit revenue growth and subscriber growth at Netflix Inc. are likely a thing of a past, so executives are promising to offer a different metric for investors to examine.
That shift was in full view on Tuesday, when Netflix NFLX reported third-quarter revenue growth of 16.3% to $7.5 billion, compared with growth of 28% and 31% in the third quarters of 2020 and 2019, respectively. Its forecast was also lighter than what some on Wall Street were expecting for the fourth quarter, when a glut of…
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