Netflix Is Growing Faster Than Ever
Netflix Inc (NASDAQ: NFLX) is supposed to be a maturing company.
The company completed its global expansion last January with a simultaneous launch in 130 countries, and it then promised to begin delivering material profits this year. The implication seemed clear. With no more markets to enter, growth would moderate, and the company would have to demonstrate profit growth in order to satisfy shareholders. Investors, like myself, who expected growth to steady or even decelerate over the coming years have been pleasantly surprised.
Based on its subscriber numbers, Netflix is growing faster than ever.
Source: Fool.com