Netflix continues to grow – Netflix continues to grow

Published on: January 20, 2019 / Update from: January 20, 2019 - Author: Konrad Wolfenstein

The number of Netflix subscribers rose to over 145 million in the fourth quarter of 2018 - around 139 million of which are paying customers. Compared to the previous quarter, the streaming service, including trial subscriptions, gained 11.4 million new customers, significantly exceeding its own forecast. Although sales and profits are also in line with the company's expectations, investors were initially disappointed. Netflix shares temporarily fell by four percent after trading.

The number of Netflix subscribers rose to over 145 million in the fourth quarter of 2018 – of which around 139 million are paying customers. Compared to the previous quarter, the streaming service, including trial subscriptions, gained 11.4 million new customers and thus significantly exceeded its own forecast. Although revenue and profit are also in line with the company's expectations, investors were initially disappointed. At times, the Netflix share fell by four percent after trading.

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