WSJ(WSJ) — Netflix Inc. added a better-than-expected 3.28 million streaming subscribers in the June quarter, as the video service continued to sacrifice profit amid an ambitious international expansion.
The company, based in Los Gatos, Calif., plans to expand service to 200 countries by the end of next year, with Japan, Portugal, Italy and Spain slated to join this fall. The most recently completed period represented the first full quarters in Australia and New Zealand.