2 Things You Missed in Netflix Inc.'s Quarterly Report
When Netflix (NASDAQ: NFLX) reports earnings, it's always a big event. Headlines flare, column inches grow into column miles, and share prices either plunge or soar on the news. Everybody has an opinion, pro or con.
The recent third-quarter report was no exception. Netflix crushed every estimate of revenues and subscriber additions, the international segment finally turned a profit, and the stock reached fresh record prices the next day. Fellow Fool Danny Vena echoed the core message of many market watchers when he proclaimed that it's all about the subscribers for Netflix.
Danny isn't wrong, but a couple of important details in this report deserve a closer look. Here's what you haven't heard about Netflix's third-quarter results.
Source: Fool.com
Netflix Inc. Stock
Our community is currently high on Netflix Inc. with 102 Buy predictions and 11 Sell predictions.
With a target price of 645 € there is a slightly positive potential of 8.28% for Netflix Inc. compared to the current price of 595.7 €.
