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Netflix adds 5.2 mln customers in Q2, sales up 32%

2017-07-18 08:27:00| Telecompaper Headlines

(Telecompaper) Netflix added 5.20 million new subscribers in the second quarter for a total 104 million at the end of June, well ahead of is outlook for growth of 2.95 million. It expects another strong quarter in Q3, with a forecast for the addition of 6.40 million new customers. The strong results led to a 10 percent jump in its share price to a new record in post-close trade.

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