Netflix flourished, analysts' estimates surpassed profits



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By the end of June, the company had 130 million subscribers

17. July 2018 at 14:52 SITA


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SAN FRANCISCO. Netflix reported profits surpassed analysts' estimates, even though the growth rate of its subscribers has slowed.

The company's profit for April to June rose 32 percent to $ 384 million, or 85 cents. per action. The business turnover rose 6% to $ 3.9 billion

Netflix gained 5.1 million subscribers worldwide in the second quarter, but it was lower by more than 39 million to what the management of the company. Netflix so the first time since more than a year did not beat the growth forecast of the number of subscribers.

By the end of June the company had 130 million subscribers, of which 57.4 million in the price of the United States.

Netflix shares Monday after the close of regular trading on the stock market dropped about 14% to $ 345.63 per item

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