Netflix U.S. Subscriber Additions Fall Below Estimates
Apparently Netflix isn't very good at forecasting subscriber additions. Too high in the U.S. and too low overseas. If they would have just put out a global forecast they would have been spot on. ![]()
Video-streaming service provider Netflix Inc reported U.S. subscriber additions below its own forecast, even as international subscriber additions blew past its estimates. The company said on Wednesday it added 0.88 million U.S. subscribers in the third quarter ended Sept. 30, compared with its forecast of 1.15 million. Internationally, Netflix added 2.74 million subscribers compared with its projection of 2.40 million.
