Netflix added 5.9 million global subscribers, reaching 238.3 million, with password sharing pushing subscribers to the months-old $7-a-month plan with advertising.
Earnings per share of $3.29 exceeded Wall Street analysts’ consensus forecast of $2.86, while total revenue came in a bit light at $8.2 billion.
Analysts had expected $8.6 billion. The company’s fortunes have certainly changed compared with the year-ago second quarter.
It reported then a loss of 970,000 subscribers as it was beginning its long crawl back to the good graces of investors. Need the comeback expressed in a single stat?
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