Netflix tops 100 million subscribers and adds 5.2 miliion new viewers in just three months

Mail Online | 7/17/2017 | Reuters
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Netflix added more U.S. and international subscribers than expected in the second quarter as new original shows such as '13 Reasons Why' as well as the latest season of hit political drama 'House of Cards' helped attract more viewers.

Shares of the company were up 9 percent at $176.2 in trading after the bell.

Netflix - Monday - Subscribers - Quarter - Subscribers

Netflix announced Monday that it added 5.2 million subscribers in the April-June quarter, and now has 104 million subscribers worldwide.

It added 4.14 million subscribers internationally in the quarter ended June 30, compared with the average analyst estimate of 2.59 million, according to datafrom analytics firm FactSet.

Streaming - Giant - Shows - New - Black

The streaming giant, whose original shows also include 'Orange is the New Black' and 'The Crown', added 1.07 million subscribers in the United States, compared with analysts' average expectation of 631,000.

The company's typically slow second quarter got a boost from the shift in the release of...
(Excerpt) Read more at: Mail Online
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