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Netflix Reports Quarterly Net Subscriber Additions Below Forecast


Ron Burgundy
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The Netflix logo is shown in this illustration photograph in Encinitas, California(Reuters) - Netflix Inc reported quarterly net subscriber additions below its forecast due to lower subscriber growth in the United States, sending the video-streaming company's shares down as much as 27 percent in extended trading. Netflix added a net of about 3 million customers worldwide in the third quarter ended Sept. 30, below its forecast of 3.7 million. The company attracted about 980,000 new customers in the United States, its largest market, down from 1.29 million in the same period a year earlier. "Year-on-year net additions in the U.S. were down ... ...




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