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2018-01-23

Netflix just had its best quarter ever



Netflix beats in Q4 with 8.3M new worldwide subs, vs 5M est., and almost 2M in US, vs 1.28M est.; revenue of $3.29B meets expectations; stock up 8%+ after hours


We had a beautiful Q4, completing a great year as internet TV expands globally. In 2017, we grew streaming revenue 36% to over $11 billion, added 24 million new memberships (compared to 19 million in 2016), achieved for the first time a full-year positive international contribution profit, and more than doubled global operating income.

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