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                            <title><![CDATA[ Latest from Next TV in Subscriber-results ]]></title>
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                                                            <title><![CDATA[ Netflix Adds 3.57M Subscribers in Q3 ]]></title>
                                                                                                                                                                                                <link>https://www.nexttv.com/news/netflix-adds-357m-subscribers-q3-408491</link>
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                            <![CDATA[ Netflix Adds 3.57M Subscribers in Q3 ]]>
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                                                                        <pubDate>Mon, 17 Oct 2016 21:00:00 +0000</pubDate>                                                                                                                                                                                                                                <category><![CDATA[Distribution]]></category>
                                                                                                <author><![CDATA[ jon.lafayette@futurenet.com (Jon Lafayette) ]]></author>                    <dc:creator><![CDATA[ Jon Lafayette ]]></dc:creator>                                                                <dc:description><![CDATA[ http://cdn.mos.cms.futurecdn.net/JGsRM7YbKg526Qh475nwCf.jpg ]]></dc:description>
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                                <figure class="van-image-figure pull-" data-bordeaux-image-check ><div class='image-full-width-wrapper'><div class='image-widthsetter' ><p class="vanilla-image-block" style="padding-top:56.25%;"><img id="ohjvJj9v8wjHeDaNiLVvCK" name="" alt="" src="https://cdn.mos.cms.futurecdn.net/ohjvJj9v8wjHeDaNiLVvCK.gif" mos="https://cdn.mos.cms.futurecdn.net/ohjvJj9v8wjHeDaNiLVvCK.gif" align="" fullscreen="" width="" height="" attribution="" endorsement="" class="pull-"></p></div></div></figure><p>Netflix said it added 3.57 million subscribers worldwide in the third quarter, including an additional 37,000 in the U.S.</p><p>The net additions were bigger than expected worldwide, but less than forecast in the U.S. by Wall Street.</p><p>For the fourth quarter, Netflix is forecasting gains of 5.2 million subscribers worldwide including 1.45 million adds in the U.S. That would be a smaller increase than a year ago, though significantly larger than the third-quarter gain.</p><p>From a financial perspective, net income rose to $52 million, or 12 cents a share, from $29 million or 7 cents a share a year ago, exceeding analysts’ forecasts.</p><p>Revenue was $2.2 billion, up from $1.6 billion a year ago, topping the $2 billion mark for the first time.</p><p>For more of this story, please visit <a href="http://www.broadcastingcable.com/news/currency/netflix-adds-357m-subscribers-3q/160440">broadcastingcable.com</a>. </p>
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