Netflix Hits 125 Million Subscribers, Even After Price Hike

NEW YORK (CNN Money) – Even a price hike can’t slow Netflix down. Netflix added 7.4 million subscribers in the first three months of 2018, up 50 percent from the same quarter a year earlier, the company reported on Monday. It now has 125 million subscribers.
The strong subscriber growth came in well ahead of Wall Street’s estimates, helping send Netflix stock up 6 percent in after-hours trading Monday. Daniel Ives, an analyst with GBH Insights, called Netflix’s