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Netflix adds 4 mln customers in Q4, plans Europe expansion

Thursday 23 January 2014 | 08:42 CET | News
Netfix reported better-than-expected results for the fourth quarter, adding 3.85 million new customers for a total of over 44 million worldwide at year-end. The online video service added 2.33 million customers in the US, better than its outlook of 2.01 million, for a total base of 33.42 million. In international markets, Netflix added 1.74 million for a total 10.93 million, also better than forecast. Revenues, including DVD rentals, rose to USD 1.175 billion from USD 945 million a year ago. Net profit was also better than expected and jumped to USD 48 million or USD 0.79 per share, from USD

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Categories: Internet
Companies: Netflix
Countries: World
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