Does This Chart Show a Crucial Moment for Netflix?
Netflix (NASDAQ: NFLX) grew revenue 16.3% year over year in the third quarter, and it now boasts an impressive 213.6 million paid subscribers. While the number of customers the company adds in any given period is the primary focus for shareholders, I think there is a bigger development to focus on right now.
During the third quarter, Netflix produced an operating margin of 23.5%. This crucial financial metric foreshadows something investors have long waited for from the company: sustainable generation of positive free cash flow.
Source Fool.com
