4 Must-See Quotes From Netflix's Chief Content Officer
Investors in Netflix, Inc. (NASDAQ: NFLX) have been on a thrill ride. In its 2017 third quarter, the streaming pioneer boosted its total subscribers to 109 million, up 26% year over year, and grew revenue by 30% to $2.98 billion over the prior-year quarter.
There has been justifiable concern about the company's increasing debt load and negative cash flow, so investors are looking for any indication from the company that its strategy will continue to bear fruit.
Netflix Chief Content Officer Ted Sarandos gave the keynote address at the UBS 45th Annual Global Media and Communications Conference and shared some interesting tidbits regarding the state of the industry and the future of Netflix. These four quotes from Sarandos provide insight into where the company goes from here.
Source: Fool.com
Netflix Inc. Stock
Currently there is a rather positive sentiment for Netflix Inc. with 82 Buy predictions and 9 Sell predictions.
At the moment Netflix Inc. has reached the predicted target price of 597 €, with a current price of 594.2 €.
