Categories AlphaGraphs, Earnings, Leisure & Entertainment
Infographic: Netflix (NFLX) adds 2.2 mln subscribers in Q3; stock falls on earnings miss
Video streaming giant Netfllix Inc. (NASDAQ: NFLX) reported a 23% growth in third-quarter revenues as it continued to expand the subscriber base. Earnings increased but missed Wall Street’s prediction and the company’s stock dropped on Tuesday evening following the announcement.
At 195.15 million, the number of global paid members was up 23% from the year-ago period but below the consensus forecast. Total revenues surged 23% annually to $6.44 billion and topped the Street view.
Stay tuned to read management/analysts’ comments on Netflix’s Q3 results
Third-quarter net income was $790 million or $1.74 per share, compared to $665.2 million or $1.47 per share last year. However, earnings missed the estimates.
Netflix’s stock dropped during Tuesday’s extended trading session, after closing the regular session lower.
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Intensity Therapeutics is establishing a new field of localized cancer reduction: CEO
Intensity Therapeutics, Inc. (NASDAQ: INTS) is a clinical biotechnology company engaged in the discovery development, and commercialization of first-in-class cancer drugs that attenuate tumors with minimal side effects while training
INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues
Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came
Riding the AI wave, Nvidia looks set to stay on the high-growth path
After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on
