Netflix adds 2 million US subscribers in 1Q

Apr 22, 2013

Netflix's decision to feature original programming on its Internet video service appears to be pulling in more customers.

Numbers released Monday showed . added 2 million U.S. to its video streaming service during the first three months of the year. Through March, Netflix had 29.2 million U.S. streaming subscribers.

The period was highlighted by the early February debut of "House of Cards," a critically acclaimed series made exclusively for Netflix.

The subscriber growth helped Netflix bounce back from a loss at the same time last year and generate revenue slightly above analyst projections.

The company eked out a profit of $3 million, or 5 cents per share, in the quarter. That contrasted with a loss of nearly $5 million, or 8 cents per share last year.

Explore further: Ex-Apple chief plans mobile phone for India

5 /5 (1 vote)
add to favorites email to friend print save as pdf

Related Stories

Ahead of the Bell: Netflix to unveil 1Q results

Apr 23, 2012

(AP) -- Investors will be focusing on how many customers Netflix has been adding and how much money the company has been losing when the video subscription service releases its first-quarter results.

Netflix tops 30 million users worldwide

Oct 25, 2012

Netflix said Thursday it now has more than 30 million subscribers worldwide, including some five million outside the United States as the Internet video service pursues a global expansion.

Recommended for you

Ex-Apple chief plans mobile phone for India

10 hours ago

Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped ...

Airbnb rental site raises $450 mn

23 hours ago

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

US venture investments highest since 2001 (Update)

Apr 18, 2014

Funding for U.S. startup companies soared 57 percent in the first quarter to a level not seen since 2001, as venture capitalists piled more money into a growing number of deals, according to a report due out Friday.

User comments : 0

More news stories

Ex-Apple chief plans mobile phone for India

Former Apple chief executive John Sculley, whose marketing skills helped bring the personal computer to desktops worldwide, says he plans to launch a mobile phone in India to exploit its still largely untapped ...

Airbnb rental site raises $450 mn

Online lodging listings website Airbnb inked a $450 million funding deal with investors led by TPG, a source close to the matter said Friday.

Health care site flagged in Heartbleed review

People with accounts on the enrollment website for President Barack Obama's signature health care law are being told to change their passwords following an administration-wide review of the government's vulnerability to the ...

A homemade solar lamp for developing countries

(Phys.org) —The solar lamp developed by the start-up LEDsafari is a more effective, safer, and less expensive form of illumination than the traditional oil lamp currently used by more than one billion people ...

NASA's space station Robonaut finally getting legs

Robonaut, the first out-of-this-world humanoid, is finally getting its space legs. For three years, Robonaut has had to manage from the waist up. This new pair of legs means the experimental robot—now stuck ...

Filipino tests negative for Middle East virus

A Filipino nurse who tested positive for the Middle East virus has been found free of infection in a subsequent examination after he returned home, Philippine health officials said Saturday.

Egypt archaeologists find ancient writer's tomb

Egypt's minister of antiquities says a team of Spanish archaeologists has discovered two tombs in the southern part of the country, one of them belonging to a writer and containing a trove of artifacts including reed pens ...