Netflix Beats Q4 Subscriber Forecasts With Largest Quarterly Gain in Its History

Read on: Variety.

Netflix added 7.05 million new subscribers in the fourth quarter of 2016, handily beating expectations for the period and setting a quarterly record, driving shares to new all-time highs in after-hours trading Wednesday. For the last three months of 2016, historically a strong quarter for Netflix, the company added 1.93 million U.S. streaming subscribers, and... Read more »