Netflix grew in all regions of the world and said in a shareholder letter on Tuesday that it expects to sign up another 4.5 million globally this period.
its second-most-popular English-language original series.Profit of $3.10 a share also topped estimates, and the number of paying customers increased to 223.1 million.It won’t be all rosy going forward. Netflix is still on pace for the slowest growth in years.
The company estimates sales of $7.78 billion this quarter, below the $7.98 billion forecast by analysts. The service accounts for about 8% of TV viewing in the US and UK, two of its largest markets, and is adding market share every year, the company said in the letter.Management plans to increase sales by introducing an advertising-supported version of the streaming service in November and charging for password sharing next year.
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