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Netflix Q4 results are in, 2 million new US customers

Netflix turns a profit of $8 million on almost $1 billion in revenue for Q4

| Business, Financial & Legal News | Posted: Jan 23, 2013 11:32 pm

Netflix's Q4 performance results are out and the results are looking pretty good for the company. In the US, Netflix is streaming to 27 million customers. Outside the US the numbers aren't so great with Netflix only seeing 6 million subscribers. All total, Netflix has more than 33 million subscribers worldwide.

 

TweakTown image news/2/8/28060_1_netflix_q4_results_are_in_2_million_new_us_customers.jpg

 

Netflix also turned an $8 million profit off of $945 million in revenue. I have a feeling that with Arrested Development and House of Cards coming to the company, subscribers will increase. I know that I am excited for Arrested Development and most of the viewers had an almost cult-like love for the show.

 

The graphic above shows that Netflix believes they are the best when compared to the competition. These stats are based upon its 200 most popular TV shows and movies, of which the competition reportedly doesn't offer more than 73 of.

NEWS SOURCE
Engadget.com

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