Tuesday, 17 April 2018

Netflix Adds 7.4M Subscribers In First Quarter, Beating Expectations

Netflix Adds 7.4M Subscribers In First Quarter, Beating Expectations

The streaming giant's growth in the quarter was due mostly to its expansion into foreign markets. Netflix added 7.4 million new customers to its streaming service in the first quarter, besting the company's projection that it would add 6.35 million on a worldwide basis, the company said Monday. Netflix's growth in the quarter was due mostly to its expansion into foreign markets, as it added 5.46 million international subscribers while analysts expected roughly 5.02 million.
Read more: https://www.hollywoodreporter.com/news/netflix-adds-74m-subscribers-first-quarter-beating-expectations-1103153?source=Snapzu

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