Today's Hard|Forum Post
Today's Hard|Forum Post

Wednesday October 14, 2015

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. wink

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.