Inscrit le: 31 Aoû 2017
|Posté le: Mar 10 Oct - 10:44 (2017) Sujet du message: What Netflix's Q3 Earnings Report Showed
|Shortly after the release of the report, Netflix shares popped in after-hours trading. Investors initially appeared to be satisfied with the company's better-than-expected subscriber growth figures, but it looks like that optimism was quickly replaced with hesitation brought on by other key details of the report.
For one, investors got a better idea of how costly Netflix's international expansion and original programming development has been. The company revealed that its long-term debt now totals $4.89 billion. This is up nearly 46% from the $3.36 billion in long-term debt that it started the year with, and it marks a 106% growth in debt from the end of the year-ago period.
Investors should also note that Netflix said its total liabilities have reached $13.62 billion, up from $10.91 billion at the end of 2016 and $9.82 billion in the prior-year quarter. For even more context, the company said that its non-GAAP free cash flow in the third quarter was -$465 million.
I didn't find the right solution from the Internet.
Brand Video ads