Netflix User Report Today Will Be Its Most Important of 2018
- New shows drive signups, and last quarter had banner slate
- Asia growth, rising subscription prices are crucial to company
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Netflix Inc. will make its most important announcement of the year on Tuesday, reporting how many new customers signed up for the world’s largest paid online TV service over the past three months.
With tech stocks taking a drubbing this month, investors will be seeking reassurance that the company’s disappointing second quarter was just a blip and not a sign of more to come. Netflix has tripled in value over the past three years by posting record subscriber growth that consistently exceeds Wall Street forecasts.