Monday, April 18, 2016

Netflix completed 81.5 million subscribers worldwide – El Colombiano

In January, Netflix entered more than 130 countries , under one driven by its CEO Reed Hastings campaign to offset the slowdown in growth in the United States.

Netflix said it added 2.23 million subscribers in the US in the first quarter ended March 31, up from 1.75 million it had expected.

the growth in total first quarter was 6.74 million users to add a total of 81, 5 million subscribers worldwide.

Although the figures for the current quarter , estimates of new subscriptions in the United States and internationally did not meet the analyst expectations , which knocked its shares down 10 percent after closing the regular session Monday.

the company reported that in the first quarter earned $ 0.06 per share, and its revenues in the period totaled 1.960 billion against 1.570 billion a year ago.

analysts on average projected earnings of $ 0.03 per share revenues 1.970 billion, according to a survey by Thomson Reuters I / B / E / S.

Netflix, which began in 1997 as a company DVD rental by mail said he expects to add about 500,000 customers in the United States in the second quarter and in markets outside the US Netflix said it expects to add about 2 million customers.

Netflix said their lower estimates of net new ads internationally due to the high level compared to the same period last year, when it launched the service in Australia and New Zealand.

the company raise its rates to more than half of its subscribers from May.

Following the report, shares of Netflix fell 10 percent operations after hour. During the last year they rose more than 60 percent , becoming the third company to better performance of S &. P 500

On the same day, Amazon entered competition with Netflix to launch its own video service online, just weeks before Netflix raise prices to their older clients.

new customers will pay 8 $ 99 per month to watch the streaming video service Amazon Prime.

Previously, the only way to watch videos Prime was paying $ 99 a year for the Prime membership, which includes free delivery items in two days for items selling website.

the video option not include any benefits parcel shipments.

At $ 8.99 a month, video service Amazon is cheaper than Netflix dollar. On this issue, Netflix made no comment.

LikeTweet

No comments:

Post a Comment