Netflix Beats Q2 Forecast on Paid Net Adds by 54%
Netflix had 1.54 million paid net additions in Q2, beating the guidance of 1 million in its April 20 forecast, it reported Tuesday. COVID-19 “has created some lumpiness in our membership growth (higher growth in 2020, slower growth this year),…
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which is working its way through,” said its shareholder letter. Asia Pacific generated about two-thirds of the global paid net adds growth in the quarter, it said.