Netflix Earnings Beat, Adds Subscribers, Games & Password Sharing Plan

Streaming giant Netflix reported better than expected third quarter earnings after the market close. NFLX added 2.41 million net subscribers during the quarter more than double the 1 million it had forecast. The majority of Netflix’s net subscriber growth came from the Asia-Pacific region with 1.43 million new subscribers. Netflix also outlined its plan to crack down on password sharing next year. NFLX also updated it’s gaming strategy. $NFLX rose to $275.49 up 34.63 or 14.38% after hours adding to the … Continue reading “Netflix Earnings Beat, Adds Subscribers, Games & Password Sharing Plan”