It’s no secret that the streaming service Netflix has had great success, even outside the United States. Now the company has released its latest quarterly figures, indicating that growth in no way has stalled for the US company.
During the first quarter was marked Netflix a net increase in flow of subscribers in the entire 6.74 million, which according to the company’s new quarterly record.
Large international market
Within this group, the international subscribers for the full 4.51 million, which is also significantly higher than the previous quarters.
the total number of subscribers is now reached solid 81.5 million worldwide, and as much as 42 percent of these are located outside the United States.
despite the good figures the share price of the company significantly down after the figures were published, which among others the Verge reports. The reason for this is that Netflix has low expectations for the number of new subscribers in the next quarter.
You think the market is saturated in the US
The company has stated that they only expect a net increase of 2, 5 million subscribers in the second quarter, which is significantly below what investors and analysts have expected.
the main reason for Netflix ‘labre expectations for the next quarter will be the company believes the US market is about becoming saturated. Netflix predicts an increase in the home country of only 500,000 subscribers next quarter. More details can be found at Netflix.
Netflix’re constantly developing new content:
Now it is confirmed that the service will display new Top Gear “
No comments:
Post a Comment