If the previous quarter had registered growth figures lower than expected, Netflix the third quarter of ‘year will be archived with a boom in subscriptions, as much as 50% more than forecast. It also grows the value of the shares which rose from 99.80 to $ 119.82.
In a nutshell, Netflix increased its subscriber pool of 3.2 million users worldwide against the expected 2.01. In the US alone, the new subscribers were 370,000, up from 309,000 initially expected by analysts.
The popular streaming service is now available in more than 130 countries worldwide, excluding China, for which at the moment does not seem to plan a landing in the short term, despite the intentions of ‘company.