Shares & Derivatives
Netflix Inc. Q3 FY21 Earnings Analysis – Share Price Soars Like The Squid Game But I am Afraid This is Peak
By A Path to Forever Financial Freedom (3Fs)  •  October 27, 2021
Netflix Inc. has been one of the stay home winners since the pandemic struck us in early 2020. If you had bought the stock at the depth of the pandemic in March 2020, you would have more than doubled your money if you held on until today. After all, what can we do during a pandemic when the restrictions keep telling us to stay at home, reduce interactions and go out less – You watch a Netflix series episode after episode like I did every night. Q3 FY21 Results Analysis Revenue growth in Q3 was driven by a 9% and 7% increase in average paid streaming and average revenue per membership respectively. Operating margin amounted to 23.5% for the third quarter which continued a strong trend this year of maintaining well above the 20% mark for FY2021. The company had a negative free cash flow for the quarter and one which was very lumpy due to the nature of their business in timing...
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By A Path to Forever Financial Freedom (3Fs)
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