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On October 18 Netflix (NFLX) reported impressive Q3 sales and membership growth, and a massive free cash flow (FCF) rise. With its membership price hike plan going forward, FCF is set to grow. This makes NFLX stock attractive to value investors.
The company said that Q3 sales rose 10.7% YoY to $8.692 billion. That was also 1.76% higher than the $8.542 billion Q2 revenue.