Netflix’s India growth masks soft Q4 forecast
Sherwood.news reports Netflix’s Q3 shareholder letter mentioned India six times, double its US references, as the market posted record subscriber additions, 18% revenue growth, and 24% more view hours even while the stock fell on a weak Q4 outlook.
Why it matters. Investors should temper enthusiasm for the India growth story since a Flipkart promotional tie-in, not organic demand alone, is driving part of the subscriber surge.
Signal from sherwood.news · read the original.
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