Netflix Q1 Subscriber Additions Beat Expectations

Netflix (NFLX) reported Q1 subscriber additions in the U.S. were 1.96 million, vs. the analyst estimates of 1.48 million subscriber additions.

On the international side, Netflix said subscriber additions totaled 5.46 million, vs. expectations of 5.02 million.

Looking forward to Q2, Netflix is expecting U.S. subscriber additions of 1.20 million and international additions of 5.00 million.

For Q2 total revenue, the company is forecasting $3.934 billion, vs. the analyst consensus of $3.89 billion.

Leave a Reply

Your email address will not be published. Required fields are marked *