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Netflix Keeps Streaming Crown With Continued Subscriber, Revenue Growth

The streaming giant expects slower subscriber additions this quarter while lifting its revenue forecast for the year. Read More...

Netflix’s subscriber and earnings growth gather more momentum as password-sharing crackdown pays off

Netflix added 8 million subscribers during the April-June period, marking a 37% increase over the same time last year. It was the sixth-consecutive quarter of that Netflix’s subscriber gains have increased from the previous year, a trend triggered by the 2022 downturn that served as a wake-up call for the Los Gatos, California, company. The forecast contributed to a muted reaction from investors who have driven up Netflix’s stock price by 32% so far this year.

Associated Press Finance

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