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Netflix shares set a new record for profit and subscriber growth


Netflix shares set a new record for profit and subscriber growth

Shares of Netflix (NFLX) ended Friday's trading session up 11%, catapulting shares to a new record high above $760 after the streaming giant beat third-quarter EPS and revenue estimates and for had forecast current quarter sales that were above Wall Street expectations. Revenue beat Bloomberg consensus estimates of $9.78 billion and reached $9.83 billion in […]

Netflix stock rises after earnings and highest estimates for subscriber growth


Netflix shares set a new record for profit and subscriber growth

Shares of Netflix (NFLX) opened more than 8% higher on Friday after the streaming giant beat third-quarter EPS and revenue estimates and forecast current-quarter revenue above Wall Street's expectations. Revenue beat Bloomberg consensus estimates of $9.78 billion and reached $9.83 billion in the third quarter, Netflix reported after the market closed on Thursday, up 15% […]

Netflix's earnings and subscriber growth are top estimates as investors eye potential price increases


Netflix shares set a new record for profit and subscriber growth

Netflix (NFLX) reported third-quarter results on Thursday, sending shares up 4% in after-hours trading after the streaming giant beat profit and revenue estimates, while its revenue outlook also beat Wall Street's expectations for the current quarter. Revenue beat Bloomberg consensus estimates of $9.78 billion and reached $9.83 billion in the third quarter, up 15% from […]