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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 s...
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Source: aawsat.com

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Netflix beats expectations on profit, subscribers | Borneo Bulletin Online

SAN FRANCISCO (AFP) – Netflix topped earnings expectations on 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 […]
Beverly Hills United States United Kingdom Gabriel Garcia Marquez Ted Sarados Ross Benes

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