5 years ago
Netflix adds 8.8M paid subscribers globally, says it now accounts for 10 percent of US TV screen time
Netflix just released its fourth quarter earnings report, which looks mixed compared to Wall Street expectations. The company added 8.8 million subscribers, well above the 7.6 million that it had predicted at the beginning of the quarter. It also beat estimates for earnings per share — analysts had predicted EPS of 24 cents, but actual EPS came in at 30 cents. However, revenue was a bit lower than expected — $4.19 billion, compared to predictions of $4.21 billion.
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