Netflix Q3 earnings exceed estimates, despite disappointing US subscriber growth

Netflix’s Q3 financial report has given the company’s stock a boost in after-hours trading, with profits significantly exceeding analyst expectations. The streaming giant reported revenue of $5.24 billion, up 31% year-over-year and more or less in line with predictions of $5.25 billion. More impressively, it reported GAAP earnings of $1.47 per share, compared to analyst … Continue reading Netflix Q3 earnings exceed estimates, despite disappointing US subscriber growth