Netflix (NASDAQ: NFLX) Q2 2020 Earnings Preview – Content and Competition Are the Two Key Variables

Netflix (NASDAQ: NFLX) Q2 2020 Earnings Preview – Content and Competition Are the Two Key Variables

4 years ago
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https://wccftech.com/netflix-nasdaq-nflx-q2-2020-earnings-preview-content-and-competition-are-the-two-key-variables/

Netflix (NASDAQ:NFLX) is a key beneficiary of the spatial distancing measures enacted to curb the spread of the coronavirus (COVID-19) pandemic throughout wide swathes of the globe. As cinemas and other vectors of outdoor activities are shunned by consumers, online streaming services have emerged as an effective alternate avenue for leisure-starved netizens.

For the three months that ended on the 30th of June 2020, Netflix is widely expected to report $6.08 billion in revenue.