Netflix added a record 4.9m subscribers in the first quarter of 2015, lifting the streaming video company’s global base above 60m as it rolls out an aggressive expansion of its international footprint and original programming.
The news sent shares up more than 11 per cent in after-hours trading in New York.
The subscriber increase beat Netflix’s internal forecast of 4.05m additions and reflected higher than expected growth in the US, to 41.4m members, and internationally, to 20.9m. The company expects to add 2.5m customers in the current quarter.
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