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...
