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

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 »

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 »