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Netflix on track to become self-financing as Q4 subscriber growth beats outlook

Wednesday 20 January 2021 | 08:44 CET | News
Netflix announced better-than-expected subscriber growth and revenues in the fourth quarter, adding 8.51 million new streaming customers for a total 203.66 million at year-end. Revenues rose 21.5 percent year-on-year to USD 6.64 billion. While the company expects a small slowdown in subscriber growth in Q1, it said the revenue outlook is positive and it aims to reach cash-flow breakeven this year. 

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Categories: Internet
Companies: Netflix
Countries: World
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