Shares of Netflix come hard after the addition of 7 million subscribers in the third quarter

أسهم نتفليكس تعاود الصعود بعد إضافة 7 ملايين مشترك في الربع الثالث

Announced the about results for the second fiscal quarter of 2018, which gave the hope for the company after attracting a large number of new participants who have contributed to raise the value of their money in the stock market, after a quarter of a second tough she had seen him due to a decline in subscribers and reduced the value of its shares to people.

And was able network to attract 6.96 new subscribers to the service during the third quarter, which is higher than the average figure of former 5.07 common, which contributed to raising the value of the shares of the company by about 12%. Providing earnings $ 0.89$ per share, which is higher than the expectations that were talked about 0.68$.

With the addition of this number, has become the company owns 137 million users, of whom 7 million item trade, and they shared some driven so far.

The company says that the new height in the number of Subscriptions comes to having a new business are as varied as Orange Is the New Black, and Stranger Things, as to the series like Summer of Love may have watched it about 80 million subscribers. In what has become To All The Boys I’ve Loved Before is more the business of the company the original show.

Owns Netflix work produced by the stand-alone and have the distribution rights, but it began to change its strategy and also through the acquisition of the first studio full production of their work individually, and consent to show their work in cinemas with IMAX, which will help them in raising their profits are larger with the end of the year.

Leave a Reply

Your email address will not be published. Required fields are marked *