Netflix posts strong earnings and takes aim at traditional movie theaters

The most important number for investors, of course, was subscriber growth. There, Netflix beat expectations: it added 5.2 million new customers in total during the second quarter of this year, versus its forecast of 3.2 million. 1.1 million of these new customers came from the United States, and 4.1 million came from overseas, where most of the company’s growth investments are focused. – Ben Popper, The Verge

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