Netflix's participation after a disappointing growth in subscribers



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Netflix received n million new subscribers than expected in the second quarter. Strmmegiganten's share fell by 14.05% in the aftermarket market when the news became known.

The number of subscribers increased from 5.2 million to a total of 130 million in the second quarter. According to a press release, the increase is as important as for the corresponding period in 2017, but at the same time lower than what was expected the streaming service.

The shares fell by 14.05% to 344.21 dollars, or about 2,800 Norwegian kroner. a strong second quarter but not incredible. Netflix told its shareholders that revenues, margins and sales were in line with our forecasts.

The company also added that they were becoming artistic leaders in certain categories with their original content, having received enough Emmy nominations for HBO.

Netflix reported a profit of $ 348 million in the third quarter, or $ 3.9 billion, compared to a net profit of $ 66 million and $ 2.8 billion in the same period. 39, last year

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Illustration photo: Terje Bendiksby / NTB scanpix

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