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Netflix Adds 5.1M Subscribers, Beating Wall Street Forecasts, But Revenue Comes In A Bit Light
NFLXNetflix(NFLX) Deadline·2024-10-18 04:07

Netflix delivered third-quarter results above Wall Street expectations in many categories, including a gain of 5.1 million subscribers from the previous quarter. Total revenue of 9.825billionclippedanalystsconsensusexpectationfor9.825 billion clipped analysts’ consensus expectation for 9.77 billion. Earnings per share of 5.40andthetotalsubscribertallyof282.72millionbeattheStreetforecastsof5.40 and the total subscriber tally of 282.72 million beat the Street forecasts of 5.12 and 281.5 million, respectively. The release of quarterly Netflix subscriber numbers is about to come to an end, as Netflix told investors earlier ...