Short notes for Netflix earnings
Netflix announced its fourth quarter results. According to the results;
- In 2017, the company grew streaming revenue 36% to over $11 billion, added 24 million new memberships (compared to 19 million
in 2016). - Operating income of $245 million (7.5% margin) vs. $154 million prior year (6.2% margin). It was slightly above the company’s $238 million forecast.
- EPS was $0.41 vs. $0.15 last year and met the company’s forecast of $0.41.