Is the US Contribution Margin Achievable for Netflix in Q2 2018?
Netflix (NFLX) projects a contribution margin target of 39.6% in the second quarter. The company set a higher margin target in the upcoming quarter compared with the last four quarters. The launch of original series such as Queer Eye and Altered Carbon, coupled with the release of new films like Annihilation, may help Netflix boost its domestic contribution margin growth.