Netflix beats revenue estimates as subscriber count climbs to 325 million

Netflix exceeded Wall Street’s revenue estimates for its holiday quarter, as it crossed 325 million subscribers, the company said on Tuesday.

Revenue came in at $12.1 billion for October through December—topping forecasts of $11.97 billion for the quarter, according to analysts surveyed by LSEG.

Nielsen reported that Netflix’s monthly viewership rose 10% in December, thanks largely to the final season of hit sci-fi series Stranger Things, which generated 15 billion viewing minutes.