Netlfix news came
in recently when its CEO Reed Hastings was not happy with the internet
providers. He accused big ISP’s like Verizon and Comcast saying they compromise
on Internet Freedom and degrade the experience of customers. He said that all ISP’s should be neutral and
keep all online content easily and equally accessible to consumers.
Netflix revenues come mostly from the geographic segment of US where 33.4 million of its subscribers
reside. The Netflix earnings per
share are $1.8 as of today. Netflix has outperformed estimates for the past two
years and investors have high expectations from the company. Netflix share price is trading
currently at $424.27 up 1% from yesterday’s price which was $420.09. Netflix stock appreciated 15% since 1st
January 2014 and appreciated 134% since March 21st last year.
Netflix stock price is
expected to appreciate since it has always guided weakly and the earnings have
beaten analysts’ expectations recently. Their international subscriptions have
also increased recently and so have revenues. Netflix shares show a positive outlook as per now.
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