Netflix Beats Views On Global Subscribers, Profit

By | January 19, 2016

Scalper1 News

Netflix stock surged higher late Tuesday after the Internet TV service reported stronger-than-expected international subscriber growth and better profitability than forecast for the fourth quarter. But while Netflix (NFLX) is growing its subscriber base like gangbusters in international markets, its growth in the U.S. has slowed. Netflix added 5.59 million total new streaming subscribers in Q4, which topped its guidance for 5.15 Scalper1 News

Scalper1 News