Yahoo Finance reports:
Netflix reported its Q1 earnings after the closing bell on Tuesday, adding 15.7 million global users amid stay-at-home orders related to the novel coronavirus pandemic — a 23% jump since the same quarter last year.
The reason? With people stuck in their homes — unable to participate in any form of outdoor entertainment — consumers are turning to streaming video platforms like Netflix to stave off boredom and, in households with homebound children, keep their kids entertained.
BREAKING: Netflix global streaming paid net adds came in at 15.8M, far higher than the 8.2M expected. https://t.co/0vcpqJzxCK
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