Jill Goldsmith, Dade Hayes Netflix added 10 million net new global subscribers last quarter, beating expectations as viewers hunkered down amid a pandemic.
The company’s current third-quarter forecast disappointed however, knocking the stock down more than 11% in after hours trading.In major news, chief content officer Ted Sarandos was named co-CEO alongside founder and chairman Reed Hastings.Netflix net subscriber adds were above expectations of 8.26 million for the second quarter where it ended at 192.95 total subs.
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