Wednesday, July 15, 2015

7 Things We Learned From Netflix's Second-Quarter Earnings

Most importantly, Netflix CEO Reed Hastings can rock a “BoJack Horseman” sweater with the best of them.

Netflix

The company now has a total of 65.6 million streaming subscribers. Of those, 42.3 million are in the United States.

To put that in perspective, the total number of paid digital subscribers to The New York Times was just shy of 1 million as of the end of the first quarter.

In October 2013, Hastings complained that investors had driven up Netflix stock to a level he deemed unreasonably high. Today, adjusting for a stock split, the price is roughly twice that.

"I should keep my day job and not try to make it as a stock picker," Hastings said on Wednesday.

Mark Davis / Getty Images


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