Netflix Posts Huge Subscriber Growth in Q4

Netflix (NASDAQ: NFLX) added over 7 million new subscribers in the fourth quarter. That was its best showing in a year when it gained 6.74 million customers in Q1, 1.68 million in Q2, and 3.57 million in Q3 as well. In addition, the streaming media company saw its revenue jump from $1.62 billion in Q4, 2015 to $2.35 in the Q4 2016, while profit jumped year over year from $270 million to $470 million. …read more

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Category: EWG, EWQ

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