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https://ir.netflix.com/common/download/download.cfm?companyid=NFLX&fileid=924418&filekey=1AB3E1F3-4D15-43E2-AB25-330CAF92E993&filename=Consolidated_Balance_Shee
by candiodari 10y ago
https://ir.netflix.com/common/download/download.cfm?companyid=NFLX&fileid=924418&filekey=1AB3E1F3-4D15-43E2-AB25-330CAF92E993&filename=Consolidated_Balance_Sheet.xlsx https://ir.netflix.com/common/download/download.cfm?companyi...
Look at the bottom line. Netflix lost 126 million dollars in 3 months. Revenue per user is negative and going down. Needless to say, this can't last. Either price more than doubles, or ads come.
- dpark 10y agoI don't understand what you're reading that's different from what I'm reading. Where do you get this 126 million dollar loss? Netflix reported net income of $66.7MM for the quarter and $186.7MM for the year. [1] And how could revenue per user be negative? Even if Netflix were burning cash they wouldn't have negative revenue. [1 (xlsx)] http://files.shareholder.com/downloads/NFLX/3717249512x0x924401/FE69AB43-B923-4CAB-AB31-E538EC6BAE47/Earnings_Tables_1.17.16.xlsx http://files.shareholder.com/downloads/NFLX/3717249512x0x924...