Netflix had another blowout quarter

2024-07-18 20:21:06+00:00 - Scroll down for original article

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Netflix reported its second-quarter earnings on Thursday. New subscriber numbers surpassed analysts' expectations at just over 8 million. The streaming service has been luring more viewers by cracking down on password sharing. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Access your favorite topics in a personalized feed while you're on the go. download the app Email address Sign up By clicking “Sign Up”, you accept our Terms of Service and Privacy Policy . You can opt-out at any time by visiting our Preferences page or by clicking "unsubscribe" at the bottom of the email. Advertisement Netflix's subscriber numbers grew more than expected during its second quarter, the latest sign that the company's password crackdown is working. The streamer attracted 8.05 million new subscribers for the quarter, helped by shows including the third series of "Bridgerton" and "Baby Reindeer." Analysts surveyed by Bloomberg had expected 4.9 million new subscribers. This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in .