NFLX Q4 Earnings Are Out | 8 WTF Looks Ahead
NFLX got popped all the way up to 146 last night after they reported subscriber growth better than forecast, beat their EPS by 0.02, after reporting that the Company "generated $8.3 billion in global streaming revenue (35% y/y growth) and finished the year with 93.8 million members on 19.0 million net additions vs. 17.4 million in 2015." NFLX Earnings Press Release: https://www.sec.gov/Archives/edgar/data/1065280/000162828017000276/nflx-123116xex991.htm This was absurd because now the 358 PE Ratio NFLX had into the close yesterday will be more [...]