Netflix, Inc. (NASDAQ: NFLX) blew Wall Street's expectations out of the water Monday when it reported first -
quarter subscriber growth of 7.41 million, well above consensus estimates.
Netflix's second -
quarter subscriber growth crushed its own forecast of 3.2 million, as the global streaming service signed up 5.2 million new members in the period.
Not exact matches
Strong
subscriber additions after two
quarters of disappointing
growth helped Netflix post a 31.7 % jump in third -
quarter revenue.
This was borne out by Dish's overall
subscriber metrics, which returned
growth (plus 28,000) for the first time in 10
quarters.
Revenue rises as digital
subscribers increase, though online ads slump
By
Austen Hufford
Austen Hufford
The Wall Street Journal
Biography
@austenhufford
austen.hufford
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The New York Times Co. posted a 3.8 % rise in revenue for the first quarter, as continued growth in digital...
In the fourth
quarter, T - Mobile took just 50 % of all postpaid phone
subscriber growth across the industry.
Comcast Corp. posted strong first -
quarter earnings
growth, despite continuing cable TV
subscriber losses, and formally submitted its $ 31 billion proposal to buy Sky PLC, one of several deals it has contemplated that could transform its business and roil its rivals.
New York Times Co. said it had the best
quarter for
subscriber growth in its history, fueled by continued interest in the new administration of Trump, though the company warned the pace of
growth would slow in the second
quarter.
Revenue and
subscriber growth has slowed in the past three
quarters.
(AP)-- BlackBerry maker Research In Motion Ltd. posted a 20 percent jump in net income for the most recent
quarter, but the company's revenue and
subscriber growth disappointed investors.
The rate of
subscriber growth slowed during the
quarter, but that's a reaction to the enormous interest that accompanied the metered paywall's launch, she said.»
Netflix just posted its first -
quarter earnings for 2015 and revealed it now has a whopping 60 million
subscribers worlwide.The company has experienced
growth for the last several
quarters, but the most recent spike brought it up to 41.4 million domestic... Read more