Netflix is in most American homes — and somehow still growing (NFLX)
|01/23/2018||Posted by BusinessMediaguide.Com under General World News||
- Netflix posted earnings that blew past Wall Street expectations, sending its stock skyrocketing.
- The company is continuing to invest heavily in new content, which in turn helps to keep driving subscriptions.
The streaming giant added a total of 8.34 million subscribers in the fourth quarter of 2017 — 2 million more than Wall Street was expecting, including a surprise increase in domestic consumers 34% higher than predicted.
“It was five years ago when we said we thought the market in the U.S. would be read more >>>