Categories AlphaGraphs, Earnings, Leisure & Entertainment
Netflix (NFLX) subscribers rise 9% in Q3; earnings beat Street view
Video streaming giant Netflix, Inc. (NASDAQ: NFLX) Tuesday reported a 9% increase in subscribers for the third quarter of 2021. Revenues and earnings increased year-over-year. The bottom line also topped expectations.
At the end of the third quarter, the company had 213.56 million paid subscribers, which is up 9% from last year. Revenues climbed 16.3% annually to $7.48 billion and matched Wall Street’s projection.
Net income came in at $1.45 billion or $3.19 per share in the third quarter, up from $790 million or $1.74 per share recorded in the same period of 2020. Market watchers had forecast slower bottom-line growth for the latest quarter.
Read management/analysts’ comments on Netflix’s Q3 report
Shares of Netflix made strong gains in Tuesday’s extended trading following the announcement, after closing the regular session higher.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Hormel (HRL) expects earnings pressure to continue into Q1 2026
Shares of Hormel Foods Corporation (NYSE: HRL) gained over 3% on Thursday. The company delivered mixed results for the fourth quarter of 2025, as earnings came ahead of expectations while
Key metrics from Kroger’s (KR) Q3 2025 earnings results
The Kroger Co. (NYSE: KR) reported its third quarter 2025 earnings results today. Total company sales rose to $33.9 billion from $33.6 billion in the same period last year. Identical
Dollar General (DG) Q3 2025 Earnings: Key financials and quarterly highlights
Dollar General Corporation (NYSE: DG) reported its third quarter 2025 earnings results today. Net sales increased 4.6% year-over-year to $10.65 billion. Same-store sales increased 2.5%. Net income was $282.7 million, or
