TMTB: NFLX TXN First Takes
NFLX +7% looks solid with a big net add beat: 13.1M vs street at 8.9M and Buyside closer to 10M with better margins. Q1 and FY guide also look better on EPS and margins.
FY margin guide taking up to 24% vs 22-23%. FCF ahead of buyside expectations at $6B vs buyside <$6B. Content spend in line.
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