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.’