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Netflix after a good quarter, well above a hundred million subscribers

Netflix after a good quarter, well above a hundred million subscribers

Photo: Netflix

Videostreamingdienst Netflix now has nearly 104 million subscribers and, therefore performing above expectations last financial quarter.

This is evident from the most recent quarterly financial statements of the company.

Netflix went the end of april is already over the limit of one hundred million, after the company last quarter closed with more than 98,75 million subscribers.

In the period from early april until the end of June got Netflix under the stripe with 5.2 million subscribers, compared with 1.7 million in the same period of the previous year. That brings the total now on 103,95 million subscribers, of which 50.1 per cent from countries other than the United States.

The ceo of the streaming service, Reed Hastings, said at the time was still that the second quarter of the financial year usually more difficult for the company. This quarter, his company, say just above expectation performed, due to “underestimation of the popularity of our strong portfolio of content”.

Over the past three months appeared on Netflix include new seasons of House of Cards and Orange is the New Black. Also came Netflix with a new film, Okja.

The revenue of Netflix during the past three months amounted to almost 2.8 billion dollars. In the second quarter of last year, sales were $ 2.1 billion. The quarterly came out on more than 65 million dollars, compared with almost $ 41 million in the same period of the previous year.

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