Netflix added 9.6M subscribers in Q1, with revenue of $4.5B

Netflix just released its earnings letter for the first quarter of 2019. The company says it saw growth of 9.6 million paying subscribers, up 16 percent year-over-year. That’s significantly ahead of the 8.9 million new subscribers that analysts had predicted. On the financial side, the quarter came in right at expectations, with revenue of $4.5 billion and earnings per share of 76 cents. Netflix says it now has 148.9 million paid streaming memberships. Most of this growth (7. Learn more about your ad choices. Visit podcastchoices.com/adchoices