Netflix Earnings: A Mixed Bag as Competition Heats Up

Jan 18, 2019, 08:00 AM

Netflix continued to expand its customer base at a rapid clip in the fourth quarter thanks to strong growth overseas, but increased spending on content weighed on the streaming-video giant's profit and it forecast slower revenue growth for the current quarter. Rob Enderle of the Enderle Group has more.

Netflix continued to expand its customer base at a rapid clip in the fourth quarter thanks to strong growth overseas, but increased spending on content weighed on the streaming-video giant's profit and it forecast slower revenue growth for the current quarter. Rob Enderle of the Enderle Group has more.

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