Netflix Adds 5.9M Subscribers In Q2, More Than Doubling Expectations; Password Sharing Plan Expanding To Most Of The World
Netflix added 5.9 million global subscribers, reaching 238.3 million, with password sharing pushing subscribers to the months-old $7-a-month plan with advertising. Earnings per share of $3.29 exceeded Wall Street analysts’ consensus forecast of $2.86, while total revenue came in a bit light at $8.2 billion. Analysts had expected $8.6 billion. The company’s fortunes have certainly […]
Source: yahoo.com
