Netflix Earnings: It's All About the Subscribers
Video-streaming pioneer Netflix, Inc. (NASDAQ: NFLX) has made a habit of blowing past its internal forecasts and the estimates of analysts, and this quarter was no different. The company produced record setting subscriber additions for the just completed third quarter as well as revenue that exceeded expectations.
Netflix has been making big bets on both original content and its international expansion, and those appear to be paying off. Continued strong subscriber growth shows that there's still plenty of interest in its slate of original programming, with international growth leading the way. Let's take a look at the numbers.
Shows like Stranger Things are a hit with subscribers. Image source: Netflix.
Source: Fool.com
Netflix Inc. Stock
€581.60
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