Netflix Keeps Burning Cash

International subscribers boosted growth, but we still think the firm will have to spend heavily over time to fend off competition

Morningstar Equity Analysts 18 October, 2018 | 2:07PM

 

Neil Macker: Netflix posted stronger than expected subscriber guidance in the third quarter as the company beat its own weak guidance by roughly 2 million subscribers. The company now has over 130 million subscribers globally, as it continues to expand its global subscriber base. Growth is still being driven internationally, as the company now has almost over 80 million subscribers outside of the US. 

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Netflix Inc482.68 USD0.28

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Morningstar Equity Analysts  Morningstar stock and fund analysts cover 2,000 mutual funds, 2,100 equities, and 300 exchange-traded funds.

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