Re:Netflix Earnings Are Driven by Investment in Original Con...
by dpark on Monday January 23, 2017 @11:20AM
(#13463233)
I don't understand what you're reading that's different from what I'm reading. Where do you get this 126 million dollar loss? Netflix reported net income of $66.7MM for the quarter and $186.7MM for the year. [1]
And how could revenue per user be negative? Even if Netflix were burning cash they wouldn't have negative revenue.
[1 (xlsx)] http://files.shareholder.com/downloads/NFLX/3717249512x0x924...
Look at the bottom line. Netflix lost 126 million dollars in 3 months. Revenue per user is negative and going down. Needless to say, this can't last. Either price more than doubles, or ads come.