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Will Netflix Maintain Its Coronavirus-Fueled Subscriber Momentum?

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hollywoodreporter.com

A few months can make a big difference for a company like Netflix. The global streaming giant is set to report its latest quarterly earnings on Thursday following a first-quarter report that included 15.8 million subscriber additionsworldwide, well above even the most optimistic Wall Street expectations amid the novel coronavirus pandemic.

But investors, analysts and Hollywood are likely to pay even closer attention to the latest quarterly figures. After all, Netflix was among the limited list of companies to share quarterly guidance despite the lack of clarity due to the pandemic, calling for 7.5 million subscriber additions for the three months ended June 30.

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