Netflix's (NFLX) CEO Hastings Gloats About Passing HBO in Key Metric... Still Down in Two Others

Netflix (NASDAQ: NFLX) is solidly higher today as investors react to a Facebook post from CEO Reed Hastings that the company passed HBO is subscriber revenue.

Hastings noted that Netflix made $1.146 billion in the quarter, versus HBO's $1.141 billion. While gloating a bit, the CEO remained humble in the fact that HBO "kicks our ass" in profits and Emmy's. He also admits HBO "rocks" and said he is honored to be in the same league.

BTW - The Netflix chief said he loves HBO's hit series Silicon Valley and said it hits a little close to home.

Shares of Netflix are up 2.6% today. Meanwhile, the comments are having a mildly negative impact HBO owner Time Warner (NYSE: TWX), which is reeling after 21st Century Fox dropped its takeover offer.

You May Also Be Interested In

• Needham Upgrades Netflix (NFLX) to Buy, 'on Rev Upside from Tech Stack'
• Pinterest (PINS) Mentioned Positively at Edgewater
• Instacart (CART), DoorDash (DASH), Uber (UBER) on Watch After Amazon (AMZN) Launches Grocery Delivery Subscription