Netflix has some major expectations to meet,Hong Kong Archives and they include becoming a global entertainment powerhouse.
Whether Netflix could live up to the hype has become a hot topic among investors and analysts, some of whom think Netflix is poised to run into challenges as it tries to grow outside the U.S.
For now, Netflix has been up to the challenge.
Netflix reported on Wednesday that it added another 5.1 million international customers in the last quarter of 2016, and projects another 3.7 in the first quarter of 2017.
Investors were clearly enthused by the results as well as the company's cherry outlook. Shares in Netflix were up 8% in after hours trading.
Adding to the international growth, Netflix's once-stagnant U.S. subscriber base added 1.9 million in the fourth quarter and expects to add another 1.5 million next quarter.
Netflix subscribersNetflix noted in its earnings release that it expects its international operation to be profitable for the first time in the beginning of 2017.
This subscriber growth is essential for Netflix's future success, particularly as a publicly traded company. Netflix shares trade on a major premium to its current earnings based on expectations about future subscriber additions.
"Netflix's subscriber numbers must grow in order for the company to justify its share price and valuation," wrote Investing.com senior analyst Senior Analyst, Clement Thibault in an email. "Netflix provides quarterly guidance on this, but the numbers aren't reliable. They do, however, set a very clear bar for what is considered failure or a success on this metric."
Topics Netflix
Previous:Toppling Monuments to White Supremacy
Next:We Shall Be Terrible
Badass grandma quits job with brutally blunt notice letterAmazon VP quits over 'chickensh*t' firing of employees protesting warehouse conditionsWatch Will Ferrell serenade graduates with 'I Will Always Love You'Greg Daniels talks 'Upload' and comparisons to 'The Good Place'The greatest Grand Theft Auto protagonists of all timeTumblr's new mental health initiative provides tools and support during coronavirus pandemicHTC launches Vive Sync beta, offers businesses free VR meetingsHow to be a better ally to women on ZoomAmazon VP quits over 'chickensh*t' firing of employees protesting warehouse conditionsRanking every Pokémon movieThis guy's cleverly placed sign got him a new car... sort ofHow to masturbate to your own sexual fantasies instead of pornNSA tools at center of ransomware attacks hitting UK hospitalsNicolas Cage reportedly set to play Joe Exotic in TV series for CBSRanking every Pokémon movie'Streets of Rage 4' feels like a glossy relic from another era: ReviewTikTok surpasses 2 billion global downloadsHow to masturbate to your own sexual fantasies instead of pornMy favorite college professor was YouTubeZoom's web address is confusing the hell out of people Wordle today: The answer and hints for March 24, 2025 Best smartwatch deal: Save $80 on Garmin vívoactive 5 Apple AirTag: $24 at Amazon Lenovo Ideapad deal: $200 off at Best Buy, save 50% Mexico vs. Panama 2025 livestream: Watch Concacaf Nations League for free How to claim money in the MGM data breach settlement France vs. Croatia 2025 livestream: Watch UEFA Nations League for free 'Split Fiction' is getting a movie adaptation Apple sued over Apple Intelligence feature delays England vs. Latvia 2025 livestream: Watch World Cup qualifiers for free Ecuador vs. Venezuela 2025 livestream: Watch World Cup Qualifiers for free NYT Connections hints and answers for March 24: Tips to solve 'Connections' #652. Best controller deal: Get the 8bitdo Ultimate Mobile Gaming Controller for its lowest price yet Google Pixel Watch 3: $60 off at Amazon Best air purifier deal: Get $50 off the GoveeLife Smart Air Purifier NYT Strands hints, answers for March 23 How to watch 'Wicked' at home: Here's where it's streaming New video game initiative is a boost for players with disabilities 'Severance' Season 2's Cold Harbor room, explained Houston vs. Gonzaga 2025 livestream: How to watch March Madness for free
1.8373s , 10102.7890625 kb
Copyright © 2025 Powered by 【Hong Kong Archives】,Prosperous Times Information Network