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
Take-Two Interactive Software (TTWO) Earnings: 4Q25 Key Numbers
Take-Two Interactive Software, Inc. (NASDAQ: TTWO) reported its earnings results for the fourth quarter of 2025. Net revenue increased 13% year-over-year to $1.58 billion. Net loss was $3.73 billion, or
Autodesk looks set to report higher Q1 2026 revenue and profit
Autodesk Inc. (NASDAQ: ADSK), a market leader in design software, delivered better-than-expected quarterly results in fiscal 2025, leveraging the digitization trend in the engineering and construction industries. After successfully transitioning
Applied Materials Q2 earnings rise on higher revenues, beat estimates
Semiconductor equipment maker Applied Materials, Inc. (NASDAQ: AMAT) reported higher adjusted earnings for the second quarter of 2025, driven by an increase in revenues. Earnings also exceeded analysts' estimates. Adjusted