Netflix Co-CEO Greg Peters Just Said "We Know That We Can Do Better" When It Comes to U.S. Engagement. Should Investors Be Worried?

Netflix reported Q3 earnings ahead of consensus but disappointed investors with lower full-year revenue guidance. Co-CEO Greg Peters acknowledged the company can improve U.S. engagement, citing it as an opportunity rather than a crisis. While engagement is strong in Asia-Pacific, Latin America, and EMEA regions, the U.S. market shows softer trends. The stock has declined 47% over the past year amid investor concerns about competition from short-form content and potential AI disruption to content creation costs.