Facebook Inc (NASDAQ:FB) And Netflix, Inc. (NASDAQ:NFLX) Amalgamation to U.S. Users

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FacebookFacebook Inc (NASDAQ:FB) and Netflix, Inc. (NASDAQ:NFLX) announced long awaited step of permitting U.S. users share film and television show streaming service with Facebook friends.

Netflix has before included its service with Facebook outside the U.S.

Vice president of product innovation Netflix, Tom Willerer stated that there are few improved ways to find a movie or TV series users will love than hearing regarding it from their friends.

Facebook previously creates it simple for their international members to connect with friends in excess of TV shows and movies and they’re delighted to now carry this experience to their US members, he added.

Synchronizing with Facebook is not obligatory for Netflix users. According to Netflix, those who join to Facebook will observe lists of shows or films watched by friends at the social network.

Facebook’s Justin Osofsky stated that over the years, Netflix has grown deeper its Facebook integration to facilitate people to learn movies through friends as well as to share what they are watching.

Facebook Inc (NASDAQ:FB) stock in last session held volume of 39.62 million shares as compare to its average volume of 55.05 million shares. The stock after opening at $27.62 hit high price of $27.65 and then closed at $27.08 by falling -2.69%.

Looking at the revenue measures, the company generated sales of 5.09 billion in last twelve months with income of $32.00 million. The Company showed a positive 1.04% in the net profit margin and its operating margin is calculated as 10.57%. Company’s annual sales growth for the past five years was 101.55%.

FB past twelve months price to sales ratio was 12.68 and price to cash ratio recorded as 6.70. As far as the returns are concern, FB return on equity recorded as 0.40% while its return on assets stayed at 0.49%.

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