• Netflix shares surge on strong subscriber growth

    7 monthes ago - By New York Post

    Shares of Netflix surged nearly 7 percent in after-market trades Monday after the video-streaming giant said it added more subscribers than expected in the first quarter. The Los Gatos, Calif.- based firm has been funneling funds into original programming to combat rivals Amazon and Hulu. In the first quarter it debuted “Altered Carbon” and “The...
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  • Netflix is surging after adding a lot more subscribers than expected

    Netflix is surging after adding a lot more subscribers than expected

    7 monthes ago - By Business Insider

    Netflix reported first-quarter subscribers that beat expectations.
    The company earned $0.64 per share on revenues of $3.701 billion while adding 1.96 million new subscribers in the US and 5.46 million internationally.
    Follow Netflix's stock price in real-time here.
    Shares of Netflix jumped more than 8% Monday, reversing their losses from earlier in the day, after the streaming giant beat added millions more subscribers than analysts had expected.
    Netflix said it earned an adjusted $0.64 per share on revenue of $3.7 billion. Both matched Wall Street expectations.
    Subscriber growth is a...
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