Replies to post #127 on Eros Media World PLC (EMWP)

[naturalborninvestor]

Netflix just missed hard on the only number that matters — international subscriber growth

The reason Netflix shares are falling is because international net additions were 2.8 million. Analysts thought that number would be closer to 4.8 million.

Netflix can sustain its lofty valuation only if global subscriber growth can support increasing content spending and debt. And growth is entirely dependent on Netflix’s prospects internationally, in countries such as India and Malaysia. If Netflix misses by that much — 42 percent — on international net additions, the stock is going to get hammered.

https://www.cnbc.com/2019/07/17/netflixs-big-problem-worse-than-expected-international-growth.html

(originally posted on stocktwits)