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submitted 2 years ago by Number1SummerJam@lemmy.world to c/technology@lemmy.world

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[–] stonedemoman@lemmy.world 9 points 2 years ago*

Net income doesn't equal profitability either. Companies scale their costs, including stock buybacks, based on revenue. https://ycharts.com/companies/NFLX/stock_buyback

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