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By Lisa Richwine and Dawn Chmielewski LOS ANGELES (Reuters) -Netflix blew past Wall Street expectations on new customers for the second straight quarter on Thursday but signaled the positive surprises could be over, forecasting revenue growth slightly . ....
LOS ANGELES (Reuters) -Netflix on Thursday unexpectedly announced that it will stop reporting subscriber numbers each quarter, a decision seen as a sign that years of customer gains in the streaming wars are coming to an end. Netflix said its ad-supported streaming plans helped attract 9.3 million new customers, nearly double the consensus forecast of analysts polled by LSEG. Netflix executives have urged investors to focus on revenue and operating margins when assessing the company's progress, rather than customer additions. ....
Netflix handily beats subscriber targets but misses on revenue forecast wabx.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from wabx.net Daily Mail and Mail on Sunday newspapers.
(Reuters) -Netflix on Tuesday blew past Wall Street subscriber estimates in the fourth quarter, driven by a strong slate of shows that included the final season of the long-running royal drama "The Crown" and David Fincher's original film, "The Killer." The company reported it added 13.1 million subscribers in the December quarter, its largest fourth-quarter subscriber growth ever, handily exceeding projected gains of 8.97 million. Netflix shares were up 8.5% in after-hours trading. ....
Netflix reports record fourth-quarter subscriber gains, falls shy on per-share earnings gazette.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gazette.com Daily Mail and Mail on Sunday newspapers.