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Yoni Heisler
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Netflix's most recent earnings report was impressive, to say the least. Not only did revenue jump by an astounding 43%, the streaming giant was able to add 7.4 million new subscribers during the March quarter alone, easily besting the most optimistic of projections from Wall Street analysts. Consequently, Netflix shares immediately shot up and the stock is now 25% higher than it was three months ago.
Thanks to the company's unparalleled obsession with churning out original content, Netflix has seen its subscriber base rise dramatically over the past few years. According to the most recent figures, Netflix's worldwide subscriber base now stands at 125 million. As a point of reference, Netflix at the end of 2014 had 57.4 million subscribers.
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Netflix’s subscriber base could still have a long way to grow originally appeared on BGR.com on Fri, 18 May 2018 at 19:23:49 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report
Netflix's most recent earnings report was impressive, to say the least. Not only did revenue jump by an astounding 43%, the streaming giant was able to add 7.4 million new subscribers during the March quarter alone, easily besting the most optimistic of projections from Wall Street analysts. Consequently, Netflix shares immediately shot up and the stock is now 25% higher than it was three months ago.
Thanks to the company's unparalleled obsession with churning out original content, Netflix has seen its subscriber base rise dramatically over the past few years. According to the most recent figures, Netflix's worldwide subscriber base now stands at 125 million. As a point of reference, Netflix at the end of 2014 had 57.4 million subscribers.
Continue reading...
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Netflix’s subscriber base could still have a long way to grow originally appeared on BGR.com on Fri, 18 May 2018 at 19:23:49 EDT. Please see our terms for use of feeds.
Via BRG - Boy Genius Report