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Netflix Posts Strong Q4

  • The Verge, Wednesday, January 20, 2016 10:26 AM
Netflix said $1.823 billion in revenue and $43 million in profit during the fourth quarter, the content giant said Tuesday. Meanwhile, “Netflix added a record 5.59 million new subscribers in the fourth quarter: 1.56 million the US and 4.04 million more internationally,” The Verge reports. “Its subscriber growth in the US has been slowing for some time now, a fairly predictable outcome as it saturates that market.”

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