(Reuters) – Comcast beat quarterly revenue estimates on Thursday driven by higher-than-expected subscriber growth at its Peacock streaming service and strong attendance at its theme parks. Peacock added 3 million subscribers in the first quarter, taking its total to 34 million and outpacing estimates of 2.32 million by Visible Alpha, thanks to higher investments that […]
Tag: subscribers
Spotify’s monthly user growth, subscribers beat expectations
By Supantha Mukherjee STOCKHOLM (Reuters) – Spotify on Tuesday reported fourth-quarter monthly active users and subscribers ahead of expectations as it grew in all regions, and said revenue and profitability trends looked favourable this year. The music streaming company has ventured into podcasts and audiobooks as it seeks to grow its user base to 1 […]
Netflix subscribers surge as revenue beat estimates
Netflix (NFLX) said Tuesday that its fourth-quarter subscriber additions surged, topping its own forecast and sending its stock more than 7% higher in after-hours trading. The subscriber additions of 13.12 million beat Netflix’s own forecast of about 9 million with full-year 2023 net additions sitting at roughly 30 million. The company had added 7.67 million […]
Subscribers expected to surge again amid ad tier momentum
Netflix (NFLX) is set to report its fiscal fourth quarter earnings on Tuesday after the market closes — and expectations are that the streaming giant ended 2023 on solid footing. New subscribers in the quarter are expected to surge by another 9 million or so, according to the company’s own guidance. That suggests full-year 2023 […]
Kyivstar’s competitors can only absorb a 10% increase in subscribers
Given the protracted outage of Kyivstar’s (Ukraine’s largest mobile operator) network after a major cyberattack, its competitors remain limited in how many Kyivstar clients they can service, Petro Chernyshov, former head of Kyivstar, told NV Business on Dec. 13. Read also: Vodafone, Lifecell report network issues after Kyivstar cyberattack Ukrainian mobile operators have limited technical […]