Replies to post #6696 on Netflix Inc (NFLX)

[The Rainmaker]

Barclays:NFLX
"Despite scale, subscriber growth is accelerating: Despite price increases (14% rise in ASP) Netflix set a record for growth in Q1, with net adds growing 50%, beating estimates handily. The company's guidance for Q2, which was a source of some concern going into earnings, was an even bigger surprise at a 6.2M sub growth expectation globally. To put this into perspective, this expectation is only 10% shy of the company's Q2 sub growth in 2016 and 2017 combined. This is on top of the fact that 2017 Q2 was a record itself and the fact that the company is implicitly pricing in ASP growth of ~14% in Q2."