Pursuits
Netflix Soars to 65.6 Million Subscribers as New Shows Shine
Netflix Surges As Subscriber Growth Soars
This article is for subscribers only.
Netflix Inc., the top stock in the S&P 500 this year, said its Internet TV service grew to 65.6 million subscribers in the second quarter, thanks to popular original shows such as “Daredevil” and “Orange Is the New Black.”
The strongest growth was in international markets, where subscribers jumped 2.37 million to 23.3 million, the company said Wednesday on its website. That beat the 1.94 million average of five analysts’ estimates compiled by Bloomberg News. Domestic subscribers grew by 900,000 to a total of 42.3 million, beating estimates of 636,000.