Netflix gains 4.9 Million Subscribers in Q1. Shares 12% up.
Quote:
Netflix reported a net gain of 2.28 million U.S. subs and 2.6 million overseas, to end Q1 with 62.3 million streaming customers. In January, Netflix told investors it expected to add 4.05 million subscribers in the first quarter, with 1.8 million in the U.S. and 2.25 million internationally.
Netflix attributed the better-than-expected growth for Q1 in the U.S. to its expanding content lineup.
“We think strong U.S. growth benefited from our ever-improving content, including the launch of the third season of ‘House of Cards’ and new shows ‘Unbreakable Kimmy Schmidt’ and ‘Bloodline,'” CEO Reed Hastings and CFO David Wells wrote in a letter to shareholders. Netflix debuted “Marvel’s Daredevil” on April 10, after the end of the first quarter on March 31.
Daredevil, its impact
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the only good thing about Hulu is that it gets new episodes almost right away[?] but even if you are a paid subsriber, you still get ads. No thanks
Are you lacking ANY sense of humor??
