Netflix Bounces Back: Adds 220,000 Streaming Subscribers

watchingtv 150x150 Netflix Bounces Back: Adds 220,000 Streaming SubscribersNetflix announced on Wednesday that it added 220,000 streaming subscribers in the 4Q and posted earnings of $0.73 per share and revenues of $876 million, according to Mashable. The results beat Wall Street forecasts.

The price increase did take a toll on DVD subscriptions, which slid during that quarter to 11.2 million, a drop of 2.7 million.

Read more: http://mashable.com/2012/01/25/netflix-rebounds-company-adds-220000-subscribers-beats-street/

Related Posts:

Tags: , ,
avatar

About Rob Jacobs