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Netflix lifts Q3 content investments by 18%, subscriber numbers 22% and revenue 31%

2019-10-17 09:06:00| Telecompaper Headlines

(Telecompaper) Netflix said revenues for the third quarter lifted 31 percent year-on-year to USD 5.24 billion. The company added 517,000 paying customers in the US and 6.255 million international clients in the quarter. The US additions came in below management expectations of 800,000. The board attributed this to a slightly higher than normal churn after the price increase of last year. The second figure was slightly better than the expected 6.20 million.

Tags: content numbers revenue investments

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