Netflix: still more subscribers and record profits


Netflix can boast the world's first SVOD platform with a record number of more than 117.6 million subscribers.



 The US Netflix subscription streaming platform continues to set new records. The group thus recorded an 18% increase in subscription to its services worldwide in the last quarter of 2017, ie 8.3 million more subscribers compared to the same period last year.

International growth was the strongest (-11%) over the period, against only + 4% in the US, or 6.4 million new subscribers in the quarter abroad and only 1, 9 million in the USA.The US market is still important for Netflix since the user base is 55 million subscribers. And the room for improvement remains high since some events, including sports, offered to the payment to the act can bring together nearly 100 million users.


Related: Netflix in HDR on new smartphones

In the face of these results, which go beyond market expectations and expectations, Netflix's stock rose 10% on the stock market on Monday evening after market close to $ 246.50. Currently, the company's capitalization is over $ 100 billion.


The fourth quarter of 2017 enabled Netflix to generate $ 3.29 billion in sales, up 32.6% over the year. Over the year, Netflix's revenue is $ 11.7 billion for a profit of $ 559 million.


If Netflix continues to attract subscribers, it is primarily thanks to its investments in the production of exclusive quality programs such as The Crown series, 13 Reasons Why, Stranger Things or some big productions like Bright.



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