pandemic Netflix stars

Netflix keeps growing in pandemic, tops 200 million subscribers

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Also Read | Why server stacks are the new realty play"So, the underlying long-term looks good."The company's cash flow was so strong that it will no longer borrow money to pay for operations, and is considering starting to buy back shares, according to a letter to investors.Netflix shares jumped more than 12 percent in after-market trades following the release.Profits dipped to $542 million in the fourth quarter, compared with $587 million in the same period in 2019.

But overall revenue in the quarter surged 21.5 percent to $6.6 billion.For the full year, Netflix added a record 37 million paid memberships, according to the earnings report."We're enormously grateful that in these uniquely challenging times we've been able to provide our.

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