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Netflix shares soar as global video streaming subscribers top 62m

Published Thu, Apr 16, 2015 · 09:50 PM
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Los Angeles

NETFLIX Inc said its video streaming service topped 62 million subscribers worldwide, as original shows such as House of Cards drew new viewers globally. The shares soared to a record high.

US subscribers jumped by 2.28 million in the first quarter, while international accounts rose 2.6 million, the Los Gatos, California-based company said on Wednesday on its website. Both figures beat the company's Jan 20 forecast. Sales grew 24 per cent to US$1.57 billion, matching analysts' projections.

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