The company added 3.2 million international customers in the last three months, far more than the 2 million analysts had predicted.
In the US, the number rose 21% to 370,000 as hit shows such as Stranger Things and Narcos won over more subscribers.
The move helped Netflix’s quarterly revenues rise 31% to $2.29 billion, sparking a 20% jump in the company’s share price.
In Q3 of 2016, Netflix had about 83.3 million subscribers.
Netflix said on October 17 that it plans to license content to existing online service providers in China rather than operate its own service in China in the near term.
The video streaming service has been expanding in international markets to counter slowing growth in the US. It has a strong presence in more than 130 markets worldwide, except China.
Concern that Netflix’s growth was slowing had overshadowed the company. Its shares had fallen about 13% this year.
In after-hours trading on Wall Street Netflix’s shares jumped 20% to about $119.
The US House Ethics Committee has voted to release its report on former Republican Representative…
ABC News has agreed to pay $15 million to President-elect Donald Trump to settle a…
South Korea’s parliament has voted to impeach President Yoon Suk Yeol over his failed attempt…
Israeli war planes have carried out more than 100 air strikes in Syria on December…
President-elect Donald Trump has threatened to impose 100% tariffs on the BRICS countries if they…
Syrian troops have withdrawn from the city of Aleppo following an offensive by rebels opposed…
