SPORTS STREAMING & GAMING: NETFLIX RECORDS Q4 2021 REVENUE OF $7.7B

Why Netflix's new icon is a lesson in mobile branding | Thinking | Landor

Netflix saw its subscriber base increase by 8.3 million to 222 million in the fourth quarter of 2021, as the company turns to gaming to spur retention and growth.

The company posted $7.7 billion in revenue, up 16% year-over-year.

Operating income dropped to $632 million, compared to $954 million in Q4 2020.
Netflix brought in $30 billion in 2021, up 19% from the previous year.

The company beat analyst expectations with $1.33 earnings per share, compared to an estimated $0.82.

Despite the earnings beat, the company’s stock dropped around 18% in after-market trading as investors showed disappointment in its subscriber growth and projections.

Netflix has steadily been releasing games since November 2021. The company now has a dozen titles available to subscribers at no extra cost after debuting two more this week.

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