Netflix adds 5 million subscriptions in quarter

The additions helped lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year

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Netflix said on Thursday that it added another five million subscribers in the most recent quarter, helping to lift revenue to $9.8 billion during the period, a 15 percent increase from the same period last year.

The company now has 282.7 million subscribers globally, far outpacing its competitors in streaming. Net income in the quarter rose to $2.3 billion.

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