Netflix grew slowly this quarter

Bulletin

26. 10. 2020

The most popular video streaming service has 195,15 million paying users, with an additional 2,2 million new ones "coming" to Netflix this quarter. The number is much smaller compared to previous additions, which were, of course, affected by the coronavirus crisis. Netflix itself expected to add 2,5 million users this quarter. The company's revenue for the third quarter reached $6,4 billion, representing a year-over-year increase of 23%. Net profit is $790 million.

Netflix

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