USSTOCK.TODAY
Pre-Market
Log in Sign up

Netflix grows Q3 revenue and EPS despite decline in viewership share

The Motley Fool +1 ·

NFLX Netflix Inc
$68.69 -1.66%
View chart & analysis →
  1. 1Netflix viewership share fell from 8.8% to 7.8% for the year ending July.
  2. 2Netflix Q3 revenue increased 11.8% to $12.9 billion.
  3. 3Management maintained its stance on content during the recent earnings release.

So what's the key point?

Netflix viewership share decreased, but revenue grew to $12.9 billion. This means the company's profits grew even though its share of viewership declined.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

US stock futures rise on SpaceX strong earnings Investing.com +1 · 33m agoNetflix Meets Q3 Internal Revenue Targets and Strengthens Content Strategy The Motley Fool +1 · 7h agoNetflix Q3 revenue up 12%, but shares fall on Q4 guidance The Motley Fool +1 · 8h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news