Netflix customer growth slightly slower than expected in Q1

Tuesday 18 April 2017 | 09:25 CET | News
Netflix reported first-quarter customer numbers slightly below expectations, but said it sees "gigantic" potential for international growth. The company recorded a total of 4.95 million net customer additions, down from 6.74 million net adds the year earlier and just off from the company's guidance of 5 million. The US had net adds of 1.42 million, and the figure reached 3.53 million internationally (-22%). The company had earlier said this quarter would be somewhat slower on the back of a strong comparison year and new series releases weighed towards the second half.

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Categories: Internet
Companies: Netflix
Countries: World
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