Netflix Tacked On 800,000 More New Subscribers Than Expected in Q3
In this segment of the Market Foolery podcast, Chris Hill and Seth Jayson from Motley Fool Hidden Gems cover the headline news from Netflix's (NASDAQ: NFLX) third-quarter report, and the summary is that it's still being Netflix. As usual, the streaming leader's growth outpaced expectations, netting 5.3 million new subscribers compared to the forecast 4.5 million.
For investors, the questions are how long can the strong growth overseas last, and how well it can keep up its pace of creating great shows? It's on course to spend $8 billion on original content next year -- but what if it finally draws a string of flops? And how will it fare against its many rivals?
A full transcript follows the video.
Source: Fool.com
Netflix Inc. Stock
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