Forbes – Wall Street Is Raving About Netflix And Its Stunning Subscriber Growth

Netflix passed the 100 million subscriber mark this quarter as viewers and critics react positively to its major investments in original content.

July 18, 2017

‘Netflix is earning a fresh round of praise from Wall Street after it crushed expectations for subscriber growth in its latest quarter.

On Monday, the streaming giant said it added a stunning 5.2 million new subscribers in the second quarter, crushing its own expectations of 3.2 million new subscribers. Its stock promptly surged 10%, hitting an all-time high.’

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