Netflix added 1.2M paid subs in U.S./Canada in Q4 2021
Stock falls after company projects 2.5M paid net adds for Q1 2022 LOS GATOS, Calif. – Netflix announced yesterday its fourth quarter 2021 financial results, which shows the company added 1.2 million paid subscribers in the U.S./Canada (UCAN) region for the quarter ended Dec. 31. This is compared to 0.9 million for the same quarter the previous year. (See chart below.) Q4 2021 was the “strongest quarter of member growth in this region since the early days of Covid-19 in 2020,” reads a letter to Netflix shareholders published yesterday with the company’s financial results. Netflix also reported its revenue in...