Netflix share prices soar as company reaches nearly 75m subscriptions
by Sam Thielman in New York from Technology | The Guardian on (#1173X)
The popular streaming video service outdid Wall Street expectations for the quarter by a full five cents per share and added 5.59 million new viewers
Everybody worried about Netflix can chill: the company added more subscribers than expected at the end of last year and its sky-high share price soared another 9% on the news.
In the company's fourth-quarter 2015 results, it outdid Wall Street expectations by a full five cents per share and added 5.59 million viewers, boosting worldwide subscriptions to nearly 75m.
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