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Netflix subscriber growth beats on strong original content

Reuters 

(Reuters) - Netflix Inc added more international subscribers than expected in the first quarter as a slate of original shows including "Altered Carbon" kept viewers hooked to the video streaming service provider.Shares of the company, which have surged about 60 percent this year, rose 6 percent to $327.57 after the bell on Monday.Netflix, which faces stiff competition from Amazon.com's Prime Video service and Hulu, has been pumping in funds to expand its portfolio of original content across different languages and strengthen its international presence. The Los Gatos, California-based ...

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First Published: Tue, April 17 2018. 01:54 IST
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