Netflix’s subscribers are surging as it blows away Wall Street’s expectations

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Monday, 17 July 2017

Netflix’s subscribers are surging as it blows away Wall Street’s expectations

Monday, 17 July 2017 by Muhammad Ifzal

For the second quarter in a row, Netflix has handily beaten industry watchers — and its own expectations — in adding a mountain of additional new subscribers. Netflix today said it added 5.2 million additional new subscribers this quarter, a number well above the 3.2 million new subscribers additions that it set itself — and the stock promptly jumped nearly 9%. More than 4… Read More