by Amruth Sundarkumar | Jul 21, 2021 | High Yield Bonds
Netflix reported an increase of 19% in its revenues YoY to $7.3bn and an increase of 36% in its operating income YoY to $1.8bn. The company reported net income of $1.35bn in Q2 vs $720mn in 2Q2020 and $1.7bn in 1Q2021. The company ended the quarter with 209mn paid...
by bondevalue | Apr 21, 2021 | High Yield Bonds
Netflix reported a revenue growth of 24% YoY to $7.1bn and net income of $1.7bn, up ~2.4x YoY, beating analyst estimates. While operating profits and margins reached all-time highs of $1.96bn and 27.4%, paid memberships came in at 208mn, up 14% YoY but below their...
by bondevalue | Apr 16, 2021 | Credit Ratings, High Yield Bonds
Moody’s has upgraded Netflix’s corporate family rating (CFR) and unsecured debt rating by two notches to Ba1 from Ba3 while maintaining a positive outlook. The new rating, which is just one notch short of the investment grade, comes on the back of the...
