Netflix: Opportunity on the Horizon?

A look at the Q1 results for NFLX - and the unique setup into Q2

Netflix, the global leader in the subscription video on demand (SVOD) business, recently reported results for the first quarter of 2021. To get right into it, I think the long-term bull case for Netflix boils down to a few key assumptions (rough numbers): (1) add tens of millions of net new subscribers a year, to a base of 400 million or 500 million ove…