Netflix added 9.6M subscribers in Q1, with revenue of $4.5B

Netflixjust released its earnings letter for the first quarter of 2019. The company says it saw growth of 9.6 million paying subscribers, up 16 percent year-over-year.
That’s significantly ahead of the 8.9 million new subscribers that analysts had predicted. On the financial side, the quarter came in right at expectations, with revenue of $4.5 billion and earnings per share of 76 cents.
Netflix says it now has 148.9 million paid streaming memberships. Most of this growth (7.9 million of th