Netflix Beats Expectations On Profit And Subscribers
by Barron's
Barron's— 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.
ETtech.com—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.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...
Japan Today—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
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.