Netflix beats expectations on profit and subscribers
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Netflix Beats Expectations On Profit And Subscribers
Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off amid a crackdown on password sharing.
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Netflix beats expectations on profit and subscribers
Netflix topped expectations Thursday as it reported 9.3 million new subscribers and profits of $2.3 billion in the first three months of the year. Silicon Valley-based Netflix had bet heavily on its content lineup to win fans, with subscribers now totaling 269.6 million. "With more than two people per household
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Netflix Subscriber Base And Revenue Spike in Q1
The storyline is playing out nicely for Netflix. The streaming company reported its latest earnings on Thursday (April 18), with Wall Street keeping a close eye on expected revenue and subscriber growth resulting from its recent password-sharing crackdown. But no one expected the dramatic results it delivered: Netflix ended the first quarter with 269.6 million paying […]