9 Metrics Behind Netflix Inc.'s Record Quarter

For Netflix's (NASDAQ: NFLX) third quarter, the company kept up the expectation-beating results it delivered in Q2. The internet-TV giant delivered record revenue and huge growth in streaming members, helping justify Netflix's aggressive investments in original content and international expansion.

Here's a look at nine of the most mind-boggling figures from the quarter.

1. 5.3 million: When Netflix added 5.2 million members in its second quarter, the net additions were a big surprise. The figure easily exceeded the 3.2 million net additions in streaming members management had guided for. Expecting this momentum to continue in Q3, management forecasted 4.4 million new members during the quarter, well above the 3.6 million Netflix added in the third quarter of 2016.

Continue reading


Source: Fool.com