Netflix adds 2 million US subscribers in 1Q

April 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: Netflix 1Q profit, subscriber growth soars


Related Stories

Ahead of the Bell: Netflix to unveil 1Q results

April 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

October 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

The ethics of robot love

November 25, 2015

There was to have been a conference in Malaysia last week called Love and Sex with Robots but it was cancelled. Malaysian police branded it "illegal" and "ridiculous". "There is nothing scientific about sex with robots," ...


Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.