How Much Money is Netflix Making? — Market Mad House

Daniel G. Jennings
Nov 4 · 8 min read

I think Netflix (NASDAQ: NFLX) stock is one of the most overpriced equities around. For instance, Mr. Market priced Netflix at $292.86 on 4 November 2019.

Yet Netflix reported revenues of just $5.245 billion on 30 September 2019. However, Stockrow estimates those revenues grew at a rate of 31.14% in the last quarter. In addition, Netflix’s revenue growth rate is up from 26% in the previous quarter.

Moreover, Netflix’s revenues grew from $4.923 billion on 30 June 2019 to $5.245 billion on 30 September. Thus, I…

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Daniel G. Jennings

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Daniel G. Jennings is a writer who lives and works in Colorado. He is a lifelong history buff who is fascinated by stocks, politics, and cryptocurrency.

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