Claim True

Netflix's free cash flow deficit could rise to $2 billion in 2017.

Reed Hastings: Netflix's free cash flow deficit could rise to $2 billion in 2017. Published Jan 24, 2017. Status: True. Hastings/Netflix forecast on 2017-01-24...

Actor: Reed Hastings
Topic: Economy
Status: True
Published: Jan 24, 2017
Deadline: Dec 31, 2017

Netflix's free cash flow deficit could rise to $2 billion in 2017.

FactTracker assessment

Hastings/Netflix forecast on 2017-01-24 (Q4 2016 letter) that the FCF deficit could rise to ~$2 billion in 20...

Verification rule: Observed value ≥ 2,000,000,000 USD; window 2017-01-24 to 2017-12-31

Original source: nasdaq.com