• Netflix shares soar in after-hours trading on robust quarterly earnings

    6 monthes ago - By Los Angeles Times

    Netflix saw yet another stellar quarter, with robust international subscription growth driving the company to new highs. The streaming entertainment giant added 7.4 million new subscribers for the first quarter, easily beating expectations and sending shares of the company soaring more than 6%...
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  • Netflix Stock Surges on Huge Q1 Subscriber Growth

    6 monthes ago - By The Wrap

    Another quarter, another busload of new subscribers for Netflix, with the streaming giant running past Wall Street estimates, as well as its own, when it comes to fresh streamers when the company reported its first quarter earnings on Monday.
    For the three months ending on March 31, Netflix reported revenue of $3.7 billion and earnings of 64 cents a share - narrowly passing analyst estimates of 63 cents a share and $3.69 billion in revenue. The Los Gatos, California-based company increased revenue 43 percent year-over-year.
    But subscribers is what investors care the most about, and Netflix...
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  • Netflix Blows Away Subscriber Estimates Again In Q1 As Revenue Surges

    6 monthes ago - By Deadline

    Netflix has hit it out of the park again, adding 7.41 million global subscribers in the first quarter, nearly 1 million above the consensus prediction of Wall Street analysts.
    The company now has 125 million subscribers around the world, up from 118 million a year ago, and 56.7 million in the U.S., where just shy of 2 million were added in the quarter. Total revenue jumped 40% over the prior-year period, to $3.7 billion
    Analysts had forecast a bit more than 6.5 million...
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