Three months ago, Netflix failed to meet its own prediction for worldwide subscriber growth, so there are a lot of eyes on today's results. Since then it's announced that CFO David Wells is leaving, snapped up property in LA, announced a new production studio in Albuquerque and continued a torrid pace of releasing original content. For the third quarter its subscriber additions were well above its internal prediction, with worldwide growth of 6.96 million compared to the projected 5 million. Now it predicts it will grow by another 9.4 million customers in Q4, with most of the new subscribers coming from outside the US.
In its earnings letter (PDF), executives referenced the projections by saying that starting next year, they will only provide guidance on the number of paid memberships without including free trials, which are harder to predict. Then in 2020 it will stop reporting the numbers on free trials altogether.