The 1 Netflix Number That Matters: 7 Million [The Motley Fool]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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US:NASDAQ Investor Relations:
ir.netflix.com/investor-relations
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Source: The Motley Fool
That’s about how many net new subscribers the streaming service added last quarter, which blew analysts' estimates and its own guidance out of the water. Streaming-video leader Netflix ( NASDAQ:NFLX ) has a pretty consistent history of beating even the more optimistic forecasts when it comes to its growth. And it did so again last quarter, when its vast library of television series and movies attracted more new viewers than were anticipated. Specifically, it was expected that the company would pick up 5 million net new customers in the period, but when it reported this week, it had added about 7 million -- including more than 1 million in its relatively saturated domestic market. Clearly, those who were worried the company was nearing the point in its lifespan at which the growth curve flattens were off base. In this segment of the Market Foolery podcast, host Chris Hill and senior analyst Andy Cross talk about the stock and whether it is still a buy, the company's
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News
- Netflix to stop reporting subscriber numbers from next year [Yahoo! Finance]Yahoo! Finance
- Netflix Q1 Results: What Happened [Seeking Alpha]Seeking Alpha
- Netflix Boss Ted Sarandos Pours Cold Water On New York Times' Report That Dan Lin Wants To Make Movies “Better, Cheaper And Less Frequent” [Yahoo! Finance]Yahoo! Finance
- Netflix adds 9M subscribers in quarter; membership nearly 270M worldwide [CBS News]CBS News
- Big Q1 Beats After the Close; Markets Struggle to Gain [Yahoo! Finance]Yahoo! Finance
NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 4/18/24 - Form ARS
- 4/18/24 - Form DEFA14A
- 4/18/24 - Form DEF
- NFLX's page on the SEC website