Netflix beats expectations on profit and subscribers
by ETtech.com
ETtech.com— 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.The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million.Netflix reported a profit of $2.3 billion on revenue of nearly $9.4 billion in the quarter, compared to a net income of $1.3 billion on $8.2 billion in revenue in the...
Barron's—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.
Bloomberg—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.
Bloomberg.com—AT&T Beats Profit Estimates on Jump in Wireless Subscribers. AT&T Inc. beat analysts' estimates for profit in the first quarter as it added more wireless phone customers than expected.