Netflix Earnings: Stock Climbs As Streaming Giant Beats Expectations—But Subscriber Growth Slows
Netflix(NFLX) Forbes·2024-10-18 04:28
ToplineNetflix beat Wall Street’s expectations on both earnings and revenue, and added 35 million paid subscribers year-over-year, sending shares of the streaming giant up in after-hours trading.Netflix logo on a mobile phone in Krakow, Poland on October 17th, 2024. (Photo by Beata ... [+] Zawrzel/NurPhoto via Getty Images)NurPhoto via Getty Images Key FactsNetflix reported $5.40 earnings per share and a revenue of $9.82 billion in the third quarter of 2024, ending in September 30, beating analyst consensus ...