Netflix Details Its Path Toward Positive Cash Flow
Netflix (NASDAQ: NFLX) recently closed the books on a strong fiscal 2019, which included 28 million new subscriptions, powering nearly 30% higher sales year over year. The streaming video giant made huge strides in improving its finances, too, thanks to the combination of increased revenue and rising operating profit margin.
Some of Netflix's biggest wins showed up in other business metrics, though. The management team discussed these lesser-known successes in its conference call with Wall Street analysts. Below, we'll take a look at some highlights from that presentation.
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Source Fool.com
