Netflix shares climb on millions of new subscribers

Just a few days after it announced its first quarter earnings, Netflix broke the news that it had reached 100 million subscribers. That gives it far and away the largest subscriber base of any global streaming service. But itís still a touch behind HBO, which has just a few million streaming subscribers, but over 130 million total subscribers when you count its pay TV service. All those paying customers have boosted Netflix revenue to new heights. Today the company announced it made $2.785 billion in revenue for the second quarter of 2017. And it turned a tidy profit, reporting $66 million in net income, up about 50 percent from the same period last year. The most important number for investors, of course, was subscriber growth. There... Continue reading…

Netflix shares climb on millions of new subscribers

Netflix added more than 5 million new subscribers in the second quarter, beating its forecast for both domestic and international customers.

Mon 17 Jul 17 from The Washington Post

Netflix shares jump as subscriptions top 100 million

Netflix on Monday reported that the number of subscribers climbed more than expected, topping 100 million worldwide and sending shares in the leading on-demand television service soaring.

Mon 17 Jul 17 from Phys.org

Netflix still piling up viewers -- and big programming bills

SAN FRANCISCO (AP) -- Netflix is pulling in new viewers and award nominations in droves, but the online video service still faces a long-term problem: Its acclaimed programming line-up ...

Tue 18 Jul 17 from AP

Netflix says it now has 104 million subscribers worldwide

The firm's shares surged in after-hours trading as investors reacted to its quarterly earnings.

Mon 17 Jul 17 from BBC Technology

Netflix adds 5.2 million subscribers, most of them internationally

Netflix stock soared more than 10% this afternoon after the company reported quarterly earnings and subscriber growth that easily topped analysts' expectations. All in all, the streaming ...

Mon 17 Jul 17 from Techspot

Netflix celebrates Emmy nods with blow-out earnings - CNET

The video streaming service posted numbers that topped expectations even after it cancelled a few key shows in the period.

Mon 17 Jul 17 from CNET Cutting Edge

Netflix's subscriber growth beats on new shows

The company said on Monday it added 4.14 million subscribers internationally in the quarter ended June 30, compared with the average analyst estimate of 2.59 million.

Mon 17 Jul 17 from Daily Mail

Netflix tops Q2 subscriber forecast, on hunt for its second 100 million subscribers

Streaming video provider Netflix beat estimates of second-quarter growth, adding 5.2 million new subscribers in the April-June period.        

Mon 17 Jul 17 from USA today

Netflix blows past 100 million subscribers

A year after subscriber growth slowed due to price hikes, Netflix says (PDF) it added more US customers in the last quarter than it has since 2011. The company is now up to 103.95 million ...

Mon 17 Jul 17 from Engadget

Netflix posts strong earnings and takes aim at traditional movie theaters

Just a few days after it announced its first quarter earnings, Netflix broke the news that it had reached 100 million subscribers. That gives it far and away the largest subscriber ...

Mon 17 Jul 17 from The Verge

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