Recently Netflix released its earnings for the first quarter of the year. In the announcement the company

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Recently Netflix released its earnings for the first quarter of the year. In the announcement the company highlighted a number of its accomplishments, including:

  • An addition of 2 million subscribers using online streaming services
  • Strong interest in the online series “House of Cards,” an original content show produced by Netflix
  • Over 29 million total U.S streaming subscribers, more than the 28.7 million people who subscribe to rival HBO
  • A $27 million profit of the quarter, compared to a loss of $4.6 million for the same period in the previous year


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Discuss how the areas outlined above would be received by analysts and investors following the company and how evidence of these accomplishments would be  reflected on the financial statements.

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