To be sure, analysts believed it wasn't a perfect but the signs are coming together that the streaming giant is becoming a more mature company according to analysts.
The stock surged following the report and is still up over 13% in premarket trading. Two major firms upgraded the stock following the report. Netflix made several announcements which delighted both analysts and investors alike, including that it was nearing free cash flow profitability with theThough the company did fall short of earnings per share estimates it beat on revenue and alleviated a long-standing concern of analysts and shareholders by reportingRelated Tags
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