Don't Question Netflix's Growth Strategy - Yet

Those hoping that Netflix would deliver the kind of blowout subscriber figures it posted in January and October are likely disappointed

Author:: TheStreet Staff
Publish date:: Apr 18, 2017 6:18 AM EDT

Those hoping that Netflix (NFLX) - Get Reportwould deliver the kind of blowout subscriber figures it posted in January and October are likely disappointed by the streaming giant's subdued first-quarter figures. All the same, after taking into account the company's healthy second-quarter outlook, Netflix's latest earnings report did little to spark fears that the competition and/or high penetration rates have done much to slow its momentum.

And as it has done in prior quarters, the company's fairly candid management team shared some numbers and commentary that provide fresh reasons to remain upbeat about how Netflix's core service is evolving and what the company is doing to grow its appeal.

This article was written by a staff member of TheStreet.