Hey there,
Netflix Earnings come out after the market closes today on April 17. They estimate positive revenue and subscription growth, international streaming has started to turn a profit, and they have still arn't in China because of China's rules on what content can be distributed.
Some main points from the video:
- Netflix has average revenue growth from Q4 2016 to Q1 2017
- Netflix have grown their total profit margins by 4.8% up from 1.2%.
- Subscription growth is at 5% from Q4 to Q1
- Netflix is about to hit the 100 million memberships milestone, they estimate 99 million in Q1 and 95 million paid memberships.
- Netflix has finally turned a profit in International markets up 16m they estimate in Q1 up from a 67m loss in Q4.
- Netflix is not in China yet, there is potential there.
- Found rumors of a $25 Subscription fee in their Q4 Earnings interview!
Some Negatives:
- We see they took out a 1 billion dollar senior note with a coupon of 4.375%.
- They spent over 2b on content over per quarter in 2016, totaling 8.6b compared to their 8.8b in revenue and 180m in net income.
- Profit margins are still very low in international markets @ 1.5% up from -7%.
Happy Earnings!
Submitted April 17, 2017 at 10:29AM by Noqt http://ift.tt/2oDKbRr
