6 Key Metrics From Netflix Inc.'s Earnings Report
There may be room for many winners in the shift away from broadcast television, but right now most of the gains are flowing directly into Netflix's (NASDAQ: NFLX) coffers. The leading subscription streaming service this week beat its own aggressive growth guidance for the third straight quarter on healthy demand across its geographic markets.
Let's look at a few of the important numbers that jumped out in the report.
Management missed the mark on their membership growth projection by just under 1 million users this quarter. The 5.3 million subscriber additions constituted a 49% improvement over the prior year compared to the 23% jump that CEO Reed Hastings and his team had forecast.
Source: Fool.com
Netflix Inc. Stock
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