Netflix Hits 125 million Subscribers.

At its Q1 2018 earnings call on Monday, American streaming giant, Netflix, announced that it has reached the milestone of 125 million subscribers worldwide. The company reportedly added 7.4 million subscribers during the first three months of 2018, which represents a growth of 50 percent on a year-on-year basis.

Almost 5.5 million of the new subscribers came from outside the US, increasing the company’s international subscriber-base to 68.3 million. The company says it expects to add 6.2 million subscribers globally in the upcoming quarter, with 1.2 million of them expected to come from outside the US.

In terms of its financials, Netflix reported a profit of $290 million on revenues of $3.7 billion during Q1, 2018.