Nflx is down over 12% now! Totally missed on subs!! Without subscribers Netflix is nothing. Reminds me of AOL back in the early 2000s.
Net cash flow was a loss of 594 Million for the quarter and forecasting Free Cash Flow loss of 3.5 Billion for 2019... Haha, they have another 4-5 years of losing 3-4 Billion a year until credit starts to tighten and bankruptcy follows
Staggering numbers. To continue to lose money like that as huge competition makes it way into the sector means Netflix is heading no where but lower. And raising prices would be a no no as well...I wouldn't be surprised if Netflix lost subscribers in 2020 or so to other streaming providers.