Netflix adds 9M subscribers in quarter; membership nearly 270M worldwide [CBS News]
Netflix, Inc. (NFLX)
Last netflix, inc. earnings: 4/21 04:00 pm
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Source: CBS News
into advertising but caught investors off guard with a change that will make it more difficult to track the video streaming service's future growth. The performance announced Thursday demonstrated that Netflix is still building on its momentum of last year, when a crackdown on free-loading viewers relying on shared passwords and the rollout of a low-priced option including commercials revived its growth following a post-pandemic lull. The strategy resulted in Netflix adding 30 million subscribers last year — the second largest annual increase the service's history. Netflix's gains during the January-March period more than quadrupled the 1.8 million subscribers that the video streaming service added at the same time last year, and was nearly three times more than analysts had projected. The Los Gatos, California, company ended March with nearly 270 million worldwide subscribers, including about 83 million in its biggest market covering the U.S. and Canada. Investors increasingl
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NFLX
Earnings
- 4/18/24 - Beat
NFLX
Sec Filings
- 5/1/24 - Form 144
- 5/1/24 - Form 144
- 4/30/24 - Form 144
- NFLX's page on the SEC website