Netflix Tells Wall Street About Its Go-Go Global Growth (Video)

Wall Street is happy with Netflix this quarter: Earlier this month the company announced it was expanding to nearly every country in the globe, and today it is reporting that its global business is booming.

The company blew past its international subscriber goals for Q4, and said that global growth would let it add another six million subscribers in Q1 of this year.

Result: Netflix shares are up nearly 10 percent.

As per usual, CEO Reed Hastings and his top execs will be on an earnings call that begins at 5 pm ET (2 pm PT). And like last quarter, I’ll be asking them questions, along with Morgan Stanley’s Ben Swinburne. Thanks very much for the questions you submitted, by the way. They’ve been very helpful.

You can watch the call live here:

https://www.youtube.com/watch?v=BvIsZxcV7Y0

And here is RBC analyst Mark Mahaney’s cheat sheet, so you can see what Wall Street was expecting to see today:

This article originally appeared on Recode.net.

Will you support Vox’s explanatory journalism?

Millions turn to Vox to educate themselves, their family, and their friends about what’s happening in the world around them, and to learn about things that spark their curiosity. Financial contributions from our readers are a critical part of supporting our resource-intensive work and help us keep our journalism free for all. Please consider making a one-time contribution to Vox today.

One-Time Monthly Annual

$95/year

$120/year

$250/year

Other

$

Yes, I'll give $120/year

Yes, I'll give $120/year

We accept credit card, Apple Pay, and Google Pay. You can also contribute via