Category: subscriber
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Netflix earnings, subscriber growth top estimates as investors eye potential price hikes
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Netflix ( NFLX ) stock rose as much as 5% in after-hours trading on Thursday, as the streaming giant beat third-quarter EPS, revenue and projected sales estimates for the current quarter that came in ahead of Wall Street expectations. Revenue surpassed Bloomberg’s consensus estimate of $9.78 billion to reach $9.83…
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T-Mobile lifts subscriber addition target on demand for premium bundled plans By Reuters
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By Harshita Mary Varghese (Reuters) – T-Mobile Inc raised its full-year forecast for monthly billable phone subscribers after seeing more customers than expected in the second quarter on strong demand for its discounted unlimited plans that include streaming features. The company’s shares were up 3.6% at midday Wednesday. U.S. wireless…