Netflix, Inc. said that it plans to raise $400 million in debt and will use $225 million of that money to refinance some of its existing notes. Netflix said that it will use the remaining proceeds for general corporate purposes, including capital expenditures, investments, working capital and potential acquisitions and strategic transactions.
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After market 16:30:44 | |||
647.5 USD | -1.35% |
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649 | +0.24% |
09:10pm | Reality TV slowdown drives Hollywood production decline | RE |
02:05pm | Guggenheim Adjusts Netflix's Price Target to $735 From $700 | MT |
![Consensus](/images/consensus_flch.gif)
EPS Revisions
1st Jan change | Capi. | |
---|---|---|
+32.98% | 283B | |
+26.63% | 445B | |
+11.45% | 155B | |
+8.71% | 96.03B | |
+21.49% | 87.13B | |
+56.85% | 59.42B | |
+4.32% | 44.47B | |
+12.69% | 33.93B | |
-13.13% | 31.44B | |
+9.88% | 27.85B |
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