Reuters/Mike Blake Netflix has only been profitable recently. If it continues to burn cash, don't race for the exits. Netflix's business model is to burn cash, then turn a profit. Streaming video veteranNetflixhas its critics.The company may be adding millions of new subscribers every year while also driving revenues higher through price increases, but earnings turned solidly positive only recently, and Netflix is still burning a ton of cash.See the rest of the story at Business Insider NOW WATC...
Reuters/Mike Blake Netflix has only been profitable recently. If it continues to burn cash, don't race for the exits. Netflix's business model is to burn cash, then turn a profit. Streaming video veteranNetflixhas its critics.The company may be adding millions of new subscribers every year while also driving revenues higher through price increases, but earnings turned solidly positive only recently, and Netflix is still burning a ton of cash.See the rest of the story at Business Insider NOW WATC...
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