Netflix (NASDAQ: NFLX) Q1 2020 Earnings – Growth in Subscriptions Smashes All Expectations

Netflix (NASDAQ: NFLX) Q1 2020 Earnings – Growth in Subscriptions Smashes All Expectations

4 years ago
Anonymous $9CO2RSACsf

https://wccftech.com/netflix-nasdaq-nflx-q1-2020-earnings-growth-in-subscriptions-smashes-all-expectations/

Netflix (NASDAQ:NFLX) has emerged as one of the rare winners in an era characterized by the coronavirus (COVID-19) pandemic and the attendant spatial distancing measures enacted to curtail its spread. It is, therefore, hardly surprising that investors were upbeat, some might even say ebullient, ahead of the streaming giant’s reporting of its earnings for the first quarter of 2020. Well, the pertinent numbers have now been revealed and they certainly did not disappoint.

Netflix has reported solid growth metrics for Q1 2020, registering a sharp growth in total subscribers and free cash flow metrics.