5 Highlights From Netflix Inc.'s Q2 Earnings Interview
Last Monday, Netflix (NASDAQ: NFLX) reported strong second-quarter results. The streaming video leader added 2 million more subscribers than management had projected in Q2. Revenue and earnings were right in line with management's forecast.
However, despite its rapid growth and rising profitability, Netflix is burning more cash than ever. During the company's standard post-earnings interview, Netflix executives spent a lot of time talking about their investment priorities and long-term growth philosophy. Here are five central points they discussed.
Netflix reported stellar subscriber growth numbers last week. Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
€633.00
1.200%
Currently there is a rather positive sentiment for Netflix Inc. with 79 Buy predictions and 7 Sell predictions.
As a result the target price of 649 € shows a slightly positive potential of 2.53% compared to the current price of 633.0 € for Netflix Inc..
