Netflix, Inc. (NASDAQ:NFLX) became the number one subscriber, after the company report 29.17 million paid subscribers in Q1 2013, in the US.
Through Netflix single account, the subscribers are, in general, at the same time can use two simultaneous streams of content.
But the company has also declared another friends and family package through which would allow up to four streams simultaneously on a single account for $11.99 for each month and single user plan for $7.99.
The company is being positive when it comes to subscriber growth, it has attain high marks for both generating its exclusive shows like House of Cards and its own content stand out are attractive to audience.
Netflix subscription in the US in Q1 of 2013 has surpasses HBO subscription of the 28.7 million subscribers at the end of 2012.
Stock Highlights
In last trading activity, Netflix, Inc stock opened at $165.72 hit maximum price of $176.50 throughout the session and ended at $174.37, in afterhours trading NFLX surged 24.68%.
Revenue Measures
Netflix, Inc. generated sales of $3.61 billion in last twelve months with income of $17.15 billion. The Company showed a positive 0.48% in the net profit margin and its operating margin is calculated as 1.39%. Company’s annual sales growth for the past five years was 24.53%.
NFLX past twelve months price to sales ratio was 2.70 and price to cash ratio recorded as 13.05. As far as the returns are concern, NFLX return on assets stayed at 0.49% while its return on equity recorded as 2.47%.