Earnings: Netflix , Tesla
from Finance time 📉 Hosted by Trader Space
Youtube channel : Trader Space netflix Netflix increased subscription prices, but subscriber growth remained strong. Netflix added almost 9 million subscribers in the third quarter, surpassing expectations. Netflix's customer gains represented its strongest quarterly uptick since the second quarter of 2020. Netflix's stock price surged on the news. Netflix posted strong revenue and earnings for the third quarter. Netflix's forecast for fourth-quarter revenue was slightly below expectations. Netflix continued to dominate viewership in the United States. Adjusted earnings per share: 66 cents vs. 73 cents expected Revenue: $23.35 billion vs. $24.1 billion expected Total operating margin: 7.6% vs. 17.2% a year ago Gross margins excluding credits: 16.1% vs. 18.7% in Q2
Embed this episode
No transcript yet.