3 Surprises in Netflix's Strong Quarterly Report

·3 min read
3 Surprises in Netflix's Strong Quarterly Report

There were some pretty lofty expectations heading into Netflix's (NASDAQ: NFLX) financial update on Tuesday afternoon. Netflix says churn is down from previous years. Competitors are ripping pages out of the Netflix playbook calling for proprietary content, and one would think that churn would actually be climbing in this climate.

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