Netflix Beats Analyst Expectations With 2.3M New Domestic Subscribers, Earnings Of 79 Cents A Share


Netflix just announced its fourth-quarter financial results, with the company beating analyst expectations. For the last three months, Netflix reported earnings of 79 cents per share on revenues of $1.175 billion. Earnings were well above analyst expectations of 65 cents a share, while revenues were slightly above the $1.16 billion Wall Street forecast for the quarter. During the year-ago quarter, Netflix earned 13 cents a share on $945 million in revenue.

But the most-watched number every quarter is Netflix’s domestic subscriber growth. On that front, the company added 2.3 million domestic subscribers in the quarter, bringing the total to 33.4 million. Netflix’s own forecast had between 1.6 million and 2.4 million domestic subscribers, or between 32.7 million and 33.5 million for the year.

Internationally, Netflix added 1.74 million subscribers, ending the year at 10.93 million members. International growth was slightly down from 1.84 million a…

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