Netflix shares soar after it reveals how many new subscribers signed up
Netflix(NFLX) New York Post·2024-10-18 05:06
Streaming video pioneer Netflix picked up 5.1 million subscribers in the third quarter, topping Wall Street estimates by more than 1 million users, the company said in its earnings report on Thursday.Shares of Netflix were up more than 4% at $718.10 in after-hours trading. The stock closed the regular session down 2% at $687.65.Investors had expected Netflix to bring in 4 million subscribers from July through September, according to analysts’ estimates compiled by LSEG. New programming during the period inc ...