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.

Netflix Q3 2020 Earnings Infographic

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.

  • netflix Q2 2020 earnings
  • Netflix Q1 2020 Earnings infographic

Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!

Most Popular

Walt Disney (DIS): After a tough FY20, the pandemic is likely to take a toll on operations next year too

The Walt Disney Company (NYSE: DIS) had a tough time in fiscal year 2020 with the COVID-19 pandemic bringing its operations to a standstill like never before. The company incurred

Earnings reports to watch for the week of Nov. 30

The recent optimism about economic recovery waned slightly this week after jobless claims increased more-than-expected to about 778,000 amid concerns over a resurgence in coronavirus cases. With the healthcare system

Yunji Inc. (YJ) Q3 2020 Earnings Call Transcript

Yunji Inc. (NASDAQ: YJ) Q3 2020 earnings call dated Nov. 26, 2020 Corporate Participants: Kaye Liu -- Investor Relations Director Shanglue Xiao -- Chairman of the Board of Directors and Chief Executive Officer Chen

Top