Netflix Stock Surges on Subscriber Beat


posted better-than-expected subscriber growth within the fourth quarter, adding 7.66 million net latest subscribers, well ahead of the 4.5 million the corporate had projected.

The corporate also announced that founder and co-CEO Reed Hastings was moved to the manager chairman role to “complete our succession process.” Netflix said that Chief operating officer Greg Peters will join Ted Sarandos as co-CEO of the corporate.

Leave a Comment

Copyright © 2024. All Rights Reserved. Finapress | Flytonic Theme by Flytonic.