{"id":3307,"date":"2018-10-16T20:54:18","date_gmt":"2018-10-16T20:54:18","guid":{"rendered":"http:\/\/www.styledeals.co.uk\/blog\/netflix-surges-on-strong-subscriber-growth\/"},"modified":"2018-10-16T20:54:18","modified_gmt":"2018-10-16T20:54:18","slug":"netflix-surges-on-strong-subscriber-growth","status":"publish","type":"post","link":"https:\/\/www.styledeals.co.uk\/blog\/netflix-surges-on-strong-subscriber-growth\/","title":{"rendered":"Netflix surges on strong subscriber growth"},"content":{"rendered":"\n<div property=\"articleBody\">\n<figure class=\"media-landscape has-caption full-width lead\"><span class=\"image-and-copyright-container\"><\/p>\n<p>                <img loading=\"lazy\" decoding=\"async\" class=\"js-image-replace\" alt=\"Netflix chief executive Reed Hastings delivers a keynote address at CES 2016\" src=\"https:\/\/ichef.bbci.co.uk\/news\/320\/cpsprodpb\/2A4D\/production\/_103892801_netflix.jpg\" width=\"976\" height=\"549\"\/><span class=\"off-screen\">Image copyright<\/span><br \/>\n                 <span class=\"story-image-copyright\">Getty Images<\/span><\/p>\n<p>            <\/span><figcaption class=\"media-caption\"><span class=\"off-screen\">Image caption<\/span><br \/>\n                <span class=\"media-caption__text\"><br \/>\n                    Netflix chief executive Reed Hastings in 2016<br \/>\n                <\/span><br \/>\n            <\/figcaption><\/figure>\n<p class=\"story-body__introduction\">Netflix shares jumped more than 10% in after-hours trade after the firm added more subscribers than forecast.<\/p>\n<p>The firm said it added nearly seven million members during the quarter, ending September with more than 137 million members world wide.<\/p>\n<p>It had told investors to expect growth of about five million.<\/p>\n<p>The strong growth followed <a href=\"https:\/\/www.bbc.co.uk\/news\/business-44854632\" class=\"story-body__link\">an unusually weak second quarter<\/a> that had fanned worries about the online streaming firm&#8217;s future.<\/p>\n<p>Netflix is among the first of the major US technology companies to report earnings to investors this quarter.<\/p>\n<p>Revenue increased 34% year-on-year to nearly $4bn, while profits more than tripled to $403m.<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/business-45881963\">Source<\/a> by <a href=\"\">[author_name]<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image copyright Getty Images Image caption Netflix chief executive Reed Hastings in 2016 Netflix shares jumped more than 10% in after-hours trade after the firm added more subscribers than forecast. The firm said it added nearly seven million members during the quarter, ending September with more than 137 million members world wide. It had told &hellip; <\/p>\n","protected":false},"author":0,"featured_media":3308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3307","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general"],"_links":{"self":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3307","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/comments?post=3307"}],"version-history":[{"count":0,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/posts\/3307\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media\/3308"}],"wp:attachment":[{"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/media?parent=3307"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/categories?post=3307"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.styledeals.co.uk\/blog\/wp-json\/wp\/v2\/tags?post=3307"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}