Netflix Shares Skyrocket Following Blowout Q4 Results
Netflix stock surged in the after-hours session Tuesday after reporting a blockbuster fourth-quarter after market close. The company announced it added 8.5 million global paid subscribers in its latest quarter and also expects to achieve sustainable free cash flow generation going forward. Variety Intelligence Platform media analyst and correspondent Heidi Chung and VIP chief media analyst Andrew Wallenstein break down Netflix’s most recent quarterly results.
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