Netflix Beats Wall Street Expectations – The Most Important Piece Of Data In Netflix Earnings

Bollywood Red Netflix subscribers growth Mark Mahaney

Netflix posts its biggest-ever quarterly subscriber growth that crushed its own guidance resulting in Netflix shares surging almost 9 percent in late trading. It beats Wall Street’s expectations and sets new guidelines for itself. The company said it added 7.05 million subscribers during the fiscal fourth quarter. This figure was well above its own expectations of 5.2 million, also according to

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