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Netflix profits soar as it gains 9m subscribers after password sharing crackdown

Netflix's gains during the January-March period more than quadrupled the 1.8 million subscribers that the video streaming service added at the same time last year, and was nearly three times more than analysts had projected

Netflix beats expectations on profit and subscribers, Telecom News, ET Telecom

Netflix exceeded earnings expectations with a growth in profit and subscriber numbers. The company s strategic content investments paid off, leading to a significant increase in revenue and subscriber base.

Netflix beats expectations on profit and subscribers

Netflix beats expectations on profit and subscribers
france24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from france24.com Daily Mail and Mail on Sunday newspapers.

Netflix Beats Expectations on Profit and Subscribers

Netflix topped earnings expectations Thursday, reporting that profit and subscriber ranks grew as its heavy bet on a rich content line-up paid off amid a crackdown on password sharing. The leading streaming television service said it gained 9.3 million subscribers in the recently ended quarter, raising the total to 269.6 million. Netflix reported a profit of $2.3 billion on revenue of nearly $9.4 billion in the quarter, compared to a net income of $1.3 billion on $8.2 billion in revenue in the same period a year earlier.

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024 - The Daily Reporter

Netflix now has nearly 270 million subscribers after another strong showing to begin 2024 - The Daily Reporter
greenfieldreporter.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from greenfieldreporter.com Daily Mail and Mail on Sunday newspapers.

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