Netflix added fewer customers than expected and stocks fell



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Won 176% more in the semester

  Won 176% more in the semester

The Netflix Digital Audio Visual Content Platform announced that in the second quarter of 2018 it added 5 , 15 million subscribers, a figure which was very far from its estimate for the last three months, which is expected to add 6.2 million new users, according to the EFE news agency.

In addition, the company released its results for the first half of 2018, It earned 674.5 million US dollars, 176.7% more than in the same period of the previous year , while 243.8 million US dollars were recorded.

Between January and June, the firm based in Los Gatos (California, USA), it achieved a business turnover of $ 7,608 million, an amount significantly higher than the $ 5,422 million obtained in the same period of 2017.

With these data, the shareholders of Netflix they pocketed $ 1.50 per security over the last six months, an amount that exceeds 0.55 that was recorded in the same period last year.



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With regard to new subscribers registered from April to June on Netflix, a fact that Wall Street investors are carefully studying when the company publishes its results, 4.47 million correspond to the international market, while 670,000 were recorded in "We had a strong but not stellar second quarter, which ended with 130 million subscribers," Netflix said in a statement.

"Internet video is growing globally and we are fortunate to be one of its members." Added the company, which also provided that for the third quarter, 5 million new subscribers would be expected, of which 4.35 million would correspond to the international market.

The quarterly results of Netflix were poorly perceived by investors and their securities fell by about 13 % in electronic transactions after the closure of the Wall Street market.

Netflix is ​​the leading digital content distribution and production company in the world, a sector that has grown in importance in recent years and joined other technological giants, like Amazon.

Competition seems to increase in the coming months, Since Disney and Apple have confirmed their intention to enter the business of "streaming" ( online broadcast) d e series and movies.

Netflix's quarterly results come just days after nominations for the 70th edition of the Emmy Awards, the largest in the television industry, in which the digital platform was at the top of the list with 112 mentions

Netflix surpbaded the HBO network, the usual dominator of the US television scene, but this year there are 108 mentions.

An article in The Economist published late last June says that Netflix will spend between US $ 12,000 and 13,000 million in the production of television content.

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