• Netflix crosses $100 billion market capitalization as subscribers surge

    10 monthes ago - By Reuters

    Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of 2017, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world.
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  • Netflix crosses $100 billion market cap as subscribers surge

    10 monthes ago - By Reuters

    Netflix Inc snagged 2 million more subscribers than Wall Street expected in the final three months of last year, tripling profits at the online video service that is burning money on new programming to dominate internet television around the world.
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  • Netflix Value Hits $100 Billion as Stock Soars on Big Subscriber Gains

    10 monthes ago - By Fortune

    Netflix's market value topped $100 billion for the first time ever on Monday after the streaming giant's fourth-quarter subscriber growth blew away Wall Street's forecasts.
    Shares of Netflix soared in after-hours trading following the company's latest quarterly earnings report, rising nearly 10% to pull Netflix's market capitalization north of $100 billion. Netflix had already finished trading on Monday at an all-time record close of $227.58, before approaching the $250-point mark in after-hours trading.
    The stock jump came as investors celebrated Netflix's report that the company added a...
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  • Netflix crosses $100 billion market cap on subscriber surge

    10 monthes ago - By Reuters

    Netflix Inc snagged 8.33 million new streaming customers in the final quarter of last year - 2 million more than Wall Street expected - as the pioneering online video service kept pouring money into programming in a race to dominate internet television around the world.
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  • Netflix crosses $100 billion market cap after adding more subscribers than expected

    Netflix crosses $100 billion market cap after adding more subscribers than expected

    10 monthes ago - By Venture Beat

    Netflix Inc added more global subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as “The Crown” and “Stranger Things,” sending its shares up 7 percent in aftermarket trading to a record.
    Netflix added 8.33 million total subscribers globally in the quarter. The company had forecast total subscriber additions of 6.3 million for the three months ended Dec. 31.
    Analysts' on an average were expecting subscriber additions of 6.39 million, according to data and analytics firm FactSet.
    The company's...
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  • Netflix crosses $100 billion market cap on robust subscriber growth

    10 monthes ago - By Reuters

    Netflix Inc added more global subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as "The Crown" and "Stranger Things," sending its shares up 7 percent in aftermarket trading to a record.
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  • Netflix is now worth more than $100B

    Netflix is now worth more than $100B

    10 monthes ago - By Tech Crunch

    Netflix crossed a fun milestone today, crossing the $100 billion mark for its market cap as it once again surprised industry observers with better-than-expected growth in its subscribers. We'll get to the financial numbers in a minute but, as usual, the big story here is that it continues to wow Wall Street with impressive growth in its subscriber numbers. The company said it added...
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  • Netflix subscriber growth beats on strong original programming

    10 monthes ago - By Reuters

    Netflix Inc added more international subscribers than expected in the fourth quarter, as the video streaming service provider kept viewers hooked with critically acclaimed shows such as "The Crown" and "Stranger Things."
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