Netflix: in demand after Q4 results
(CercleFinance.com) - The Netflix stock is soaring 10% today, the day after the video-on-demand specialist unveiled Q4 2017 EPS that was in line with expectations at 41 cents, on revenues that are up one-third at 3.
3 billion dollars.
However, Aurel BGC said that investors are not focusing their attention on these figures: the number of subscribers remains the key indicator for the group's valuation, pointing to an 8.33 million increase in its number of subscribers to its streaming service, above the 6.34 million expected.
In addition, Netflix appointed Rodolphe Belmer to its board of directors, where the number of members now stands at ten. Since March 2016, Rodolphe Belmer has been the CEO of Eutelsat, after having been head of Canal+ Group from 2012 to 2015.
Copyright (c) 2018 CercleFinance.com. All rights reserved.
3 billion dollars.
However, Aurel BGC said that investors are not focusing their attention on these figures: the number of subscribers remains the key indicator for the group's valuation, pointing to an 8.33 million increase in its number of subscribers to its streaming service, above the 6.34 million expected.
In addition, Netflix appointed Rodolphe Belmer to its board of directors, where the number of members now stands at ten. Since March 2016, Rodolphe Belmer has been the CEO of Eutelsat, after having been head of Canal+ Group from 2012 to 2015.
Copyright (c) 2018 CercleFinance.com. All rights reserved.