Number1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 10 months agoStreaming giants have banded together for lobbying powerwww.theverge.comexternal-linkmessage-square112fedilinkarrow-up1549arrow-down15
arrow-up1544arrow-down1external-linkStreaming giants have banded together for lobbying powerwww.theverge.comNumber1SummerJam@lemmy.world to Technology@lemmy.worldEnglish · 10 months agomessage-square112fedilink
minus-squarerebul@kbin.sociallinkfedilinkarrow-up9arrow-down4·10 months agoTo be clear, revenue does not equal profit.
minus-squarestonedemoman@lemmy.worldlinkfedilinkEnglisharrow-up10arrow-down2·edit-210 months agoNet income doesn’t equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback
To be clear, revenue does not equal profit.
Net income doesn’t equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback