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Netflix Inc (NFLX.OQ)

NFLX.OQ on NASDAQ Stock Exchange Global Select Market

186.22USD
11 Dec 2017
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$-2.32 (-1.23%)
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Latest Key Developments (Source: Significant Developments)

Tiger Global Management ups stake in Netflix, takes stake in Roku
Tuesday, 14 Nov 2017 

Nov 14 (Reuters) - Tiger Global Management::Tiger Global Management takes share stake of 1.5 million class A shares in Roku Inc - Sec filing‍​.Tiger Global Management ups share stake in Netflix to 3.1 million shares from 376,400 shares.Tiger Global Management takes share stake of 30.2 million shares in Despegar.com.Tiger Global Management dissolves share stake in On Deck Capital Inc.Tiger Global Management dissolves share stake in American Tower Corp.Tiger Global Management ups share stake in Fiat Chrysler Automobiles by 18.5 percent to 24.8 million.Tiger Global Management - change in holdings are as of Sept 30, 2017 and compared with the previous quarter ended as of June 30, 2017.  Full Article

Comcast says introducing Netflix in 4K on Xfinity X1
Tuesday, 31 Oct 2017 

Oct 31 (Reuters) - Comcast Corp ::Comcast introduces Netflix in 4K on Xfinity X1.Aannounced availability of Netflix Ultra HD (UHD) 4K programming on Xfinity X1​.  Full Article

Netflix prices $1.6 bln offering of senior notes
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Netflix Inc ::Netflix prices $1.6 billion offering of senior notes.Says ‍announced pricing of an offering of $1.6 billion aggregate principal amount of 4.875% senior notes due 2028​.  Full Article

Netflix announces proposed $1.6 billion offering of senior notes
Monday, 23 Oct 2017 

Oct 23 (Reuters) - Netflix Inc :Netflix announces proposed $1.6 billion offering of senior notes.Netflix Inc - ‍intends to use net proceeds from offering for general corporate purposes​.Netflix - ‍interest rate, redemption provisions, maturity date and other terms will be determined by negotiations between co, initial purchasers​.  Full Article

Netflix Inc reports quarterly earnings per share $0.29
Monday, 16 Oct 2017 

Oct 16 (Reuters) - Netflix Inc ::Quarterly total earnings per share $0.29.Quarterly revenue $2.99 billion versus $2.29 billion.Quarterly total streaming net additions were 5.30 million versus co's forecast of 4.4 million.4.45 million international streaming net additions in quarter versus co's forecast of 3.65 million.0.85 million U.S. streaming net additions in quarter versus co's forecast of 0.75 million.Sees Q4 total earnings per share $0.41‍​.Sees Q4 revenue $3.27 billion.Sees 6.30 million total streaming net additions in Q4.Sees Q4 total streaming revenue $3,169 million.Sees 5.05‍​ million international streaming net additions in Q4.Sees 1.25 million U.S. streaming net additions in Q4.Says on track to exceed $11 billion in revenue in 2017.Q3 earnings per share view $0.32, revenue view $2.97 billion -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.33, revenue view $3.15 billion -- Thomson Reuters I/B/E/S.Says free cash flow in Q3 totaled negative $465 million versus negative $506 million last year and negative $608 million in Q2'17‍​‍​.Says there is no change to our expectation for free cash flow for the full year 2017‍​.Says "as we move into 2018, we aim to achieve steady improvement in international profitability and a growing operating margin‍​".Says existing members will be notified of recently announced price adjustments and prices will be adjusted on rolling basis over next few months.Says we'll spend $7 billion-$8 billion on content (on a P&L basis) in 2018.  Full Article

Netflix says no tax deals were part of approval for launch of Netflix Canada‍​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - Netflix Inc : :Netflix says no tax deals were part of approval for launch of Netflix Canada and investment in movies, tv shows produced in Canada.Netflix says recent subscription price increase "has nothing to do with our investment or commitments" .  Full Article

Comcast to launch Netflix on X1 to millions of customers nationwide
Friday, 4 Nov 2016 

Comcast Corp : Comcast to launch Netflix on X1 to millions of customers nationwide .Comcast cable says "netflix service will launch on millions of X1 devices across country next week".  Full Article

Netflix CFO says no immediate plans for advertising supportive products - Goldman Sachs Conf
Tuesday, 20 Sep 2016 

Netflix Inc : Netflix Inc CFO says no immediate plans for advertising supportive products - Goldman Sachs Conf Further company coverage: [NFLX.O] ((Bangalore.newsroom@thomsonreuters.com;)).  Full Article

Tiger Global Management LLC dissolves share stake in Netflix - SEC filing
Monday, 15 Aug 2016 

Tiger Global Management LLC: Dissolves share stake in Netflix - SEC filing .Change in holdings are as of June 30, 2016 and compared with the previous quarter ended as of March 31, 2016.  Full Article

Netflix, 20th Century Fox Television Distribution announce global agreement
Monday, 25 Jul 2016 

Netflix Inc : Netflix and 20th century fox television distribution announce first global agreement .Netflix to be exclusive global streaming home of fx's american crime story franchise in 2017.  Full Article

Golden Globe TV race opens up as old favorites ousted

LOS ANGELES, Dec 11 New contenders will face award-winning heavyweights in the television races at the Golden Globes in a nominations list on Monday that dropped old favorites like "Veep" and "House of Cards."