Scalper1 News
Netflix investors late Wednesday cheered the company’s bigger-than-expected first-quarter subscriber gains, shrugging off declining earnings and negative cash flow as it invests heavily in international expansion. The online video service added 4.88 million new subscribers worldwide in the March quarter, bringing its total to 62.27 million. It previously forecast adding 4.05 million subscribers. Netflix (NFLX) earned 38 cents a Scalper1 News
Scalper1 News