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posted on 03 August 2017

International Netflix Subscriptions Surpass U.S.

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-- this post authored by Martin Armstrong with additions by Econintersect

On the back of better than expected Q2 results, Netflix stock NASDAQ(NFLX) closed at an all-time high 28 July 2017 of $180.04. Since then it has traded as high as $184.87 before falling back to near $180 the last couple of days. It closed today (03 August) at $179.23, down $1.51.

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The video streaming service burst past its subscriber growth target of 3.2 million to record a whopping 5.2 million new users - the lion's share of which came from Netflix's international markets. In fact, as our infographic shows, the number of international memberships surpassed for the first time those in the United States.

Another milestone has also been ticked off by the California-based firm, the jump in new subscribers having pushed the total firmly past the 100 million milestone - resting for now at 103.9. Of course, the growth shouldn't stop there. Netflix forecasts further growth in Q3 of 4.5 million at home and abroad.

You will find more statistics at Statista.

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