Dronamraju Ravi Prakash

In their earnings release netflix announced healthy subscriber growth and a 2-1 stock split.
Good news:

• Subscriber base of 1.487M - pretty close to our estimates of 1.5M


• Accelerating subscriber acquisition - 16% sequential growth


• churn rate went down to 4.8%


• Quarterly revenue of 81.2M means approximately 18$/month/subscriber


• excellent next quarter guidance and seemingly conservative full year guidance.


• stock split

Stock raced up 12% on the above news. NExt i am going to analyze if we should continue to hold this stock or dump it.