Netflix Adds 5.1M Subscribers, Beating Wall Street Forecasts, But Revenue Comes In A Bit Light
Netflix(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 $9.825 billion clipped analysts’ consensus expectation for $9.77 billion. Earnings per share of $5.40 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 ...