Netflix Announced Q1 Numbers And Offers Now Over 100,000 DVD Movies

Posted: Apr 22 2008, 6:00am CDT | by , Updated: Aug 11 2010, 7:34am CDT, in News | Home Entertainment

Netflix announced Q1 numbers and offers now over 100,000 DVD Movies
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Netflix now has over 100,000 Movies in their movie rental offering. Their instant online offering features over 8,000 titles.

Netflix also just released good numbers for the first Quarter of 2008. Netflix ended the first quarter of 2008 with approximately 8,243,000 total subscribers, representing 21% year-over-year growth from 6,797,000 total subscribers at the end of the first quarter of 2007 and 10% sequential growth from 7,479,000 subscribers at the end of the fourth quarter of 2007.
Besides managing to find more subscribers, Netflix also made more money.
Revenue for the first quarter of 2008 was $326.2 million, representing 7 percent year-over-year growth from $305.3 million for the first quarter of 2007, and 8 percent sequential increase from $302.4 million for the fourth quarter of 2007.
More details in this Netflix financials release.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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