Netflix Inc.'s subscriber growth may be slowing in the United States and Canada, but the streaming giant wants investors to know that the domestic market accounts for only a fraction of its overall growth. On Monday, the company broke out three years' worth of subscriber numbers and revenues by region for the first time in a filing with the Securities and Exchange Commission that revealed 90 percent of Netflix's subscriber growth is coming from outside North America. Between the first quarter of 2017 and the third quarter of 2019, Netflix (NASDAQ: NFLX) added 12.5 million paid streaming memberships in the U.S. and Canada for a total of 67 million — representing growth of 23 percent. Read More...
Netflix Inc.’s subscriber growth may be slowing in the United States and Canada, but the streaming giant wants investors to know that the domestic market accounts for only a fraction of its overall growth. On Monday, the company broke out three years’ worth of subscriber numbers and revenues by region for the first time in a filing with the Securities and Exchange Commission that revealed 90 percent of Netflix’s subscriber growth is coming from outside North America. Between the first quarter of 2017 and the third quarter of 2019, Netflix (NASDAQ: NFLX) added 12.5 million paid streaming memberships in the U.S. and Canada for a total of 67 million — representing growth of 23 percent.
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