USSTOCK.TODAY
Weekend. Closed
Log in Sign up

Netflix Q3 revenue hits 12.87 billion dollars, up 12%

The Motley Fool +1 ·

NFLX Netflix Inc
$65.85 -1.79%
View chart & analysis →
  1. 1Netflix shares fell approximately 50% following the streaming giant's third-quarter earnings release.
  2. 2Netflix recorded a 12% revenue growth rate in the third quarter, reaching 12.87 billion dollars.
  3. 3Netflix's adjusted earnings per share (EPS) for the third quarter surged 49% to 0.87 dollars.

So what's the key point?

Netflix achieved 12.87 billion dollars in revenue during the third quarter. However, the stock price fell by about 50% after the earnings announcement.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Netflix dismisses content head and lays off 1,000 employees The Motley Fool +1 · 6h agoNetflix Q3 operating profit surges 37.3% but advertising revenue outlook lowered The Motley Fool +1 · yesterdayDiscussion on Investment Philosophy: Rule Breaker Stocks and AI Innovation The Motley Fool +1 · yesterday
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