Netflix adds 2.41M subscribers, soaring past expectations

Netflix adds 2.41M subscribers, soaring past expectations

2 years ago
Anonymous $_PGtSJbg8h

https://techcrunch.com/2022/10/18/netflix-adds-2-41-million-subscribers-soaring-past-expectations/

Things are looking up for Netflix this quarter. The streamer added 2.41 million subscribers, bringing the total to 223.09 million. Netflix expected a net gain of 1 million subs in the third quarter, so today’s results far exceed its own expectations and analysts’ expectations. The company reported earning $7.93 in revenue in Q3 2022, whereas analysts predicted $7.85 billion.

This will be Netflix’s first increase in a while, particularly in its U.S. and Canada subscriber base. The company reported a spike in 104,000 subscribers in the region, making the new total 73.4 million. The last time Netflix experienced subscriber growth in the U.S. and Canada was in Q4 2021.

Netflix adds 2.41M subscribers, soaring past expectations

Oct 18, 2022, 9:16pm UTC
https://techcrunch.com/2022/10/18/netflix-adds-2-41-million-subscribers-soaring-past-expectations/ > Things are looking up for Netflix this quarter. The streamer added 2.41 million subscribers, bringing the total to 223.09 million. Netflix expected a net gain of 1 million subs in the third quarter, so today’s results far exceed its own expectations and analysts’ expectations. The company reported earning $7.93 in revenue in Q3 2022, whereas analysts predicted $7.85 billion. > This will be Netflix’s first increase in a while, particularly in its U.S. and Canada subscriber base. The company reported a spike in 104,000 subscribers in the region, making the new total 73.4 million. The last time Netflix experienced subscriber growth in the U.S. and Canada was in Q4 2021.