The video service added 9.6 million subscribers worldwide during the first quarter of 2019, topping the projections of both Netflixs own management and Wall Street analysts. Its the most subscribers that Netflix has gained during any three-month stretch since the Los Gatos, California, company unveiled its streaming service 12 years ago. The surge announced Tuesday left Netflix with nearly 149 million subscribers through March. Netflix expects to add another 5 million subscribers during the current quarter ending June, but that projection fell well below analysts forecast. Besides the good news on subscribers, Netflixs first-quarter profit of 344 million rose 19 from the same time last year; it included a 58 million gain from currency adjustments.

Source: ABC News April 16, 2019 20:26 UTC