Tag Archives: subscribers

Netflix said Tuesday that its fourth quarter subscriber additions surged, topping its own forecast and sending its stock as much as 14% higher in early trading on Wednesday.The subscriber additions of 13.12 million beat Netflix’s own forecast of about 9 million with full-year 2023 net additions sitting at roughly 30 …

On Wednesday, Netflix reported second-quarter financial results that came in mixed as the platform continues efforts to trim costs and boost engagement in an increasingly competitive streaming landscape.Revenue, although 2.7% higher compared to the year-ago period, missed estimates despite new initiatives like the crackdown on password sharing, which rolled out …