Netflix CFO Says 90% Of Growth Is Outside Of U.S., Impacting Average Revenue Per User
Portfolio Pulse from Benzinga Newsdesk
Netflix's CFO announced at the Bank of America conference that 90% of the company's growth is coming from outside the U.S., which is impacting the average revenue per user.

September 13, 2023 | 3:39 pm
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Netflix's growth is predominantly from international markets, which is affecting the average revenue per user.
The announcement by Netflix's CFO indicates that the company's growth strategy is heavily focused on international markets. This could potentially lead to an increase in the company's stock price as it shows that Netflix is successfully expanding its user base. However, the impact on the average revenue per user could be a concern for investors as it might indicate lower revenue per user in these new markets.
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