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Netflix records $2.64 billion revenue in Q1 2017, nears 100 million subscribers

Netflix has announced financial earnings for Q1 2017. The US based streaming service has recorded $2.64 billion in revenue and net income of $178 million. It reported net subscription additions of 4.95 million for the quarter which fell short of the 5.2 million subscribers forecast. Netflix now has 98.75 million subscribers, and is expected to hit 100 million subscribers milestone … Continue reading "Netflix records $2.64 billion revenue in Q1 2017, nears 100 million subscribers"
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