Netflix Says Its “House of Cards” Strategy Worked, and Wall Street Agrees
April 22, 2013
Netflix’s numbers are up. Revenue came in at the billion-dollar mark that analysts were looking for, and the company’s U.S. streaming subscriber total hit 29.2 million — also around consensus. The big win was a net income number (after adjusting for one-time hits) of 31 cents per share, well above the 18 cents or 19 cents per share the Street expected.
Netflix Says Its “House of Cards” Strategy Worked, and Wall Street Agrees The House of Cards effect: Netflix tops $1B in Q1 revenue, near 30M U.S. subscribers (paidContent) Was “House of Cards” Worth It for Netflix? (Wall Street Journal)