Comment on 1 Simple Reason Netflix Will Continue to Flourish

1 Simple Reason Netflix Will Continue to Flourish

Investors in Netflix (NASDAQ: NFLX) have had plenty to be thankful for. The number of global subscribers hit an all-time first quarter record, adding 7.41 million, growing 50% year over year and blasting past both the company's forecasts and analysts' estimates. Given that all else follows subscriber additions, the company posted impressive results across a majority of its financial metrics for the most recent quarter, with revenue that grew 40% year over year, while net income jumped 63% compared to the prior year quarter.

 

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