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The upgrade reflects netflix's accelerating growth, strong margin expansion, and strengthened credit metrics and cash flow The company joins the s&p ranks of such companies as ab inbev and american express the post netflix upgraded to bbb+ credit rating due to password crackdown and ad tiers appeared first on thewrap. Netflix continues to report operating results that exceed expectations through the first half of 2024.
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S&p global ratings, one of the big three credit rating agencies, has upgraded netflix from bbb to bbb+
This shift comes about due to the streamer’s improved margins and strong cash flow. S&p global ratings affirmed the 'a' local currency lt credit rating of netflix on august 5, 2024 Recently, s&p global ratings upgraded netflix's credit rating to 'a' from 'bbb+' The s&p upgrade makes netflix a rising star, a title given to companies whose ratings have been upgraded to investment grade rating from junk
S&p cited netflix’s improving margins and positive cash flow expectations as reasons for the upgrade. There was an unexpected internal error
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