US EditionNetflix blows past earnings estimates as subscribers jump 16%
- Netflix added 9.33 million customers in Q1 2024, exceeding analysts' estimates significantly.
- The influx of new subscribers led Netflix to surpass sales and earnings forecasts.
- Netflix anticipates a 16% sales growth in Q2, slightly higher than Q1, as stated in a letter to shareholders.
22 Articles
22 Articles
The streaming provider was facing losses after taking tougher measures against sharing passwords, but many boarders pay more than Netflix to give up.
Der Streamingdienst Netflix geht erfolgreich gegen Passwort-Trittbrettfahrer vor: Die Zahl der Abonnenten steigt kräftig. Auch die Werbeeinnahmen dürften künftig sprudeln. [mehr]
Netflix is still the biggest name of Internet streaming, and with more and more signs, not to grow and become a giant in this area, where you put a lot of production...
Netflix objected to losses after the procedure against the sharing of passwords. However, quarter by quarter, it turns out that many boarders prefer to pay rather than give up Netflix.
Netflix was at risk by taking tough measures against password-sharing. However, it is clear that the streaming giant is rapidly gaining more customers. Netflix continues to grow rapidly and has clearly surpassed Wall Street’s expectations in the past quarter. The video streaming market leader gained 9.33 million subscribers in the past quarter. Analysts had projected an average growth of around 4.9 million customers. Netflix’s strong growth in r…
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