Netflix Q2 2020: How Amortization Affects Netflix’s Profitability
Netflix’s Q2 2020 earnings report, released July 16, beat revenue expectations but gave weak guidance for Q3 subscriber growth. Alex discusses the Q2 earnings report while diving into how Netflix depreciates their content over multiple years and the huge impact small changes to amortization can have on the company’s profitability.
This is an excerpt from episode 103 of Winner Take All. Watch the full episode here: youtu.be/mXPMXeXQRtQ
Originally Aired: 07/17/20
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