Netflix tops estimates for quarter, projects continued gains
SFGate -

Netflix posted its strongest start to a year since the Los Gatos company went public 16 years ago, thanks to strong growth in markets across Latin America and Europe.

The company added 7.41 million subscribers in the first quarter of the year, easily topping analysts’ projections of 6.35 million. Netflix now has 125 million paying customers, the most of any online TV network.

The company, the best-performing stock in the S&P 500 this year, is proving one...

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