Netflix sees long-term international growth opportunities

Josh Wein, FierceOnlineVideoNetflix (Nasdaq: NFLX) is riding a positive wave as its stock opened at $389.16 per share on Tuesday following its Q3 earnings report, but can it maintain that momentum? One area of potential growth lies in the international market. Reed Hastings, CEO of Netflix, said during the Q3 earnings call that while he's cautious about its international prospects, most Internet companies report about 80 percent of their revenue comes from outside of the United States. Josh Wein, editor of FierceOnlineVideo, examines its growth prospects. Read more

Suggested Articles

icrosoft took the wraps off of a new cloud service for Azure via its partnership with Genesys.

Ahead of next month's fourth quarter earnings, Windstream touted its 2019 broadband achievements this week.

Cincinnati Bell announced on Friday that it has received an unsolicited buyout bid from an "infrastructure fund" for $12 a share in cash.