Netflix subscriber count hits 125 million

Netflix subscriber count hits 125 million

Netflx has seen its share price climb about 5 per cent in after-hours trading after the streaming television company posted strong-than-expected user growth.

It added 7 million new subscribers in the first quarter of 2018, to hit 125 million worldwide, even as it hiked the price of its service.

The company has recorded $290 million profit.


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