Jennifer Maas TV Business Writer Netflix reported its second-quarter 2023 earnings Wednesday, revealing its subscribers increased by 5.89 million in the quarter ended June 30.
At the end of Q1, Netflix’s global subscriber count was 232.5 million. Analysts had project the streamer gaining 1.769 million new subscribers in Q2, which saw Netflix begin notifying customers in the U.S.
and other countries that users on their accounts who live outside their households would need to be added as an “extra member” (or pay for their own subscriptions).
Wall Street forecast earnings per share (EPS) of $2.86 on $8.3 billion in revenue, according to analyst consensus data provided by Refinitiv.
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