Netflix adds 2.4 million subscribers, beating expectations for 3rd quarter
Was the death of Netflix greatly exaggerated?
The streamer said Tuesday it added 2.4 million subscribers in the third quarter of 2022 after two consecutive quarters of losses. This was above the gain of one million subscribers that Netflix had forecast.
The first quarter of 2022 saw Netflix lose subscribers for the first time in over a decade, leading its stock to take a hit amid questions about whether the streamer's business model was sustainable. After the loss of 200,000 subscribers in the first quarter... Читать дальше...