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Netflix's CFO believes the company can grow its revenue by double digits through 2027, even with small increases in viewers.

ResultsRead the original at Benzinga
Neutral

Netflix says member growth, pricing and ads could support sales growth of 10% or more into 2027. Modest viewing growth, a weaker fourth-quarter forecast, and an analyst’s concern about $14 billion in content debt keep the story balanced.

NFLX · Netflix Inc.

AI read · Neutral

The AI's read

Having several ways to bring in sales means Netflix does not depend only on people watching more. Its third-quarter report included a profit beat, but viewing hours are growing more slowly than management wants. The weaker fourth-quarter forecast and an analyst’s concern about $14 billion in content debt keep the growth promise from settling the question.

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