Netflix added 9.6M subscribers in Q1, with revenue of $4.5B
TechCrunch Industry News · TechCrunch
April 17, 20193m 58s
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Show Notes
Netflix just released its earnings letter for the first quarter of 2019. The company says it saw growth of 9.6 million paying subscribers, up 16 percent year-over-year. That’s significantly ahead of the 8.9 million new subscribers that analysts had predicted. On the financial side, the quarter came in right at expectations, with revenue of $4.5 billion and earnings per share of 76 cents. Netflix says it now has 148.9 million paid streaming memberships. Most of this growth (7.
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