Spencer Neumann Promises To Improve Netflix's Cash Flow Profile. This Is Bad, Real Bad

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About: Netflix, Inc. (NFLX)
by: Oleh Kombaiev
This article is exclusive for subscribers.
Oleh Kombaiev
Commodities, internet, medium-term horizon, ETF investing
Summary

Netflix intends to improve its cash flow profile meaningfully starting in 2020.

In my opinion, this is unlikely.

Netflix is ​​no longer the only serious player in its industry.

Commenting on Netflix's (NFLX) results in the last quarter, Spencer Neumann (CFO) said:

...we're committed to improve our cash flow profile meaningfully starting in 2020 and then each year thereafter…

He also said: