Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Will Netflix Ever Raise Debt Again?

TheMotleyFool

0 0

Netflix (NASDAQ: NFLX) reported second-quarter earnings this Thursday evening. The video-streaming veteran crushed subscriber-addition forecasts with the caveat that the next couple of quarters will be slower. Revenues rose 25% year over year to $6.15 billion, and earnings fell short of analyst expectations due to some currency-exchange adjustments and a large tax bill. No big surprises here.

Buried near the end of Netflix's management comments, you'll find a detail with game-changing implications. Netflix might be all done with raising debt to finance its operations.

Image source: Getty Images.

Source Fool.com

Like: 0

NFLX

Share