Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Netflix added 9.6M subscribers in Q1, with revenue of $4.5B

Netflix added 9.6M subscribers in Q1, with revenue of $4.5B

FromTechCrunch Industry News


Netflix added 9.6M subscribers in Q1, with revenue of $4.5B

FromTechCrunch Industry News

ratings:
Length:
4 minutes
Released:
Apr 17, 2019
Format:
Podcast episode

Description

Netflix just released its earnings letter for the first quarter of 2019. The company says it saw growth of 9.6 million paying subscribers, up 16 percent year-over-year. That’s significantly ahead of the 8.9 million new subscribers that analysts had predicted. On the financial side, the quarter came in right at expectations, with revenue of $4.5 billion and earnings per share of 76 cents. Netflix says it now has 148.9 million paid streaming memberships. Most of this growth (7.
Released:
Apr 17, 2019
Format:
Podcast episode

Titles in the series (100)

Listen to articles featured in our daily newsletter, the Daily Crunch, and stay updated on top startup and technology news from TechCrunch.