Netflix's Q3 results delivered a range of surprises -- both positive and negative. The negatives were its free cash flow burn is not going to abate any time soon, and U.S. subscribers net additions are slowing down. CEO Reed Hastings took solid control of the narrative by asserting time and time again that Netflix has been competing with Amazon , YouTube and others for over a decade. Read More...
Netflix’s Q3 results delivered a range of surprises — both positive and negative. The negatives were its free cash flow burn is not going to abate any time soon, and U.S. subscribers net additions are slowing down. CEO Reed Hastings took solid control of the narrative by asserting time and time again that Netflix has been competing with Amazon , YouTube and others for over a decade.
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