Netflix has put some gas back in its engine.
After losing nearly 1.2 million subscribers in the first half of the year, the leader in subscription video recruited 2.4 million new subscribers in the third quarter of 2022. A better than expected rebound: the American giant had indeed promised investors 1 million additional subscribers.
With a turnover of 7.9 billion dollars and a net profit of 1.4 billion instead of the 966 million announced, its financial results also exceeded expectations.
“
Thank God, we are done with the quarters in decline
”, exclaimed Reed Hastings, the co-founder of the Californian group, on Tuesday during a conference reserved for analysts.
Overall, Netflix now has more than 223 million subscribers.
The platform therefore beats its record at the end of 2021, which stood at 221.8 million.
And he is betting on a total of 227.6 million subscribers by the end of the year.
Read alsoAfter TV, young people are already abandoning Netflix, Disney+ and other Amazon Prime
Once is not custom, in his letter…
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