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Netflix Q1 2018 Subscription Grew 49.60% YoY

Kristin Alonzo

25-Apr-2018 06:02 AM

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Netflix reported 1Q of Fiscal 2018, stock reaction rallies 7% in upbeat membership addition.  1Q 2018 reported as follows:

  • EPS 64c  est.  64c;  Revenue $3.7B  est. $3.69B
  • Q1 membership addition 7.41M versus 6.45M expectation; 1.96M Domestic & 5.46M International
  • Q1 Growth YoY up +49.70%

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