Netflix has had a run of strong earnings over the last year, driven by better than expected subscriber gains and relatively consistent profit. Investors like what they see, and the company’s stock has steadily climbed, closing today at an all time high of $202 a share. But the company has also been forced to borrow large sums to cover the ever growing costs of its original content.
The company continued its streak this past quarter, besting analyst expectations in terms of revenue and subscriber growth. The company reported $2.99 billion in revenue and 5.3 million new subscribers, a record for third-quarter growth. That breaks down to 4.45 million new international customers and 850,000 new additions in the US.
Earlier this month N...
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